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July 25, 2014

Paul Ryan Introduces New Anti-Poverty Plan

Rep. Paul D. Ryan introduced a new anti-poverty plan that would merge dozens of existing programs into an "Opportunity Grant," shifting the bulk of the work to combat poverty to the states, The New York Times reports.

Under the former vice presidential candidate's proposal, states would receive funding structured similarly to block grants and have the flexibility to spend on anti-poverty programs of their choice. Total federal outlays—currently about $800-billion for programs like food stamps and housing assistance—would remain unchanged.

Mr. Ryan's plan would double the maximum tax credit for the childless poor to $1,005 and lower the age of eligibility to 21 from 25.