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Poverty accomps THE CLINTON-GORE ADMINISTRATION'S RECORD OF STRENGTHENING FAMILIES AND COMMUNITIES November 4, 1999 Since 1993, President Clinton and Vice President Gore have been committed to empowering and supporting working families and to tapping the potential of America's urban and rural communities. They have a demonstrated record of creating new initiatives and expanding existing initiatives to support children and families and to promote community and economic development. The Clinton-Gore Administration has worked with the private sector, states, and localities to help revitalize America's communities by bringing capital, jobs, and opportunity to distressed areas and cleaning up the urban environment. At the same time, this Administration has worked with our state and local partners, the business community, and community-based organizations to support working families - moving them toward self-sufficiency and out of poverty. President Clinton and Vice President Gore have created or expanded the following initiatives over the last six years. SUPPORTING WORKING FAMILIES Expanded EITC to Put Money Back in Working Families' Pockets The EITC helps working families supplement their earnings through tax credits. In President Clinton's 1993 Economic Plan, EITC was expanded to make work pay for 15 million working families. In 1998, the EITC lifted 4.3 million Americans out of poverty - more than twice as many as in 1993. The average family received an EITC credit of $1,890. Minimum Wage Hike Increased Pay By $1,800 for Full-time Workers In 1996, the President and Vice President fought for and won a minimum wage increase from $4.25 to $5.15 per hour for nearly 10 million workers. Now, the President is fighting for another minimum wage increase - $1 over two years - to make work pay for 11.4 million workers and help ensure that parents who work hard and play by the rules can raise their children out of poverty. Provided Health Care to Low-Income Working Families The President has successfully fought to increase low-income families' access to health care by allowing states to expand Medicaid to cover low-income two-parent families who work and working with states to ensure that uninsured families receive Medicaid when eligible. Enacted Single Largest Investment in Health Care for Children since 1965 The President, with bipartisan support from the Congress, created the Children's Health Insurance Program (CHIP). The Balanced Budget Act of 1997 allocated $24 billion over five years to provide affordable health insurance to children in families with incomes too high to qualify for Medicaid but too low to purchase private insurance through State- designed programs. On September 8, 1999, President Clinton announced that all 50 states and every territory are participating in this new program, bringing us closer to our goal of providing insurance for up to 5 million children through a combination of Medicaid and CHIP. Improved Access to Affordable and Quality Child Care Under the Clinton-Gore Administration, federal funding for child care has increased by 80 percent, helping parents pay for the care of about 1.25 million children. 1