Poverty By: Edgar Castillo, Erick Penaloza, David Arzate and Edgar Sumano

Economic Opportunity Act

YEAR: 1964

DEFINITION: This act was passed by congress to direct and coordinate the mobilization of "human and financial resources of the nation to combat poverty in the U.S."

EFFECT: It helped as it followed through with fighting poverty.

RELEVANT TODAY?: Yes

Tax Reduction Act

YEAR: 1964

DEFINITION: A bipartisan tax cut bill signed by President Lyndon Johnson.

EFFECT: Tax rates were cut across the board by approximately 20%.

RELEVANT TODAY?: YES

House and Urban Development Act

YEAR: 1965

DEFINITION: Makes things cheaper for people buying homes.

EFFECT: Expands funding for existing federal housing programs. Provided rent for the elderly and disabled and provides funds for public work projects.

RELEVANT TODAY?: YES

Demonstration Cities and Metropolitan Development Act

YEAR: 1966

DEFINITION: Planning program meant to revitalite cites and improve the welfare of people living in neighborhoods.

EFFECT: Provided grants that would pay up 80 percent of the cost of developing city demonstrating programs.

RELEVANT TODAY?: YES

Credits:

Created with images by Leroy_Skalstad - "people peoples homeless" • 3dman_eu - "refugees economic migrants financial equalization" • TBIT - "dollar bank note money" • P_R_F - "Sylvester Strong House, 88 Circular St., Saratoga Springs NY (1870s)" • ASaber91 - "Dhaka 14th March"

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