How a work-based policy package can reduce US poverty

Acknowledgments v 
Executive Summary vi 
How a Work-Based Policy Package Can Reduce US Poverty 1 
Methodology 3 
    The TRIM3 Model 3 
        Simulating the Baseline 3 
        Simulating Alternative Policies 4 
    The Supplemental Poverty Measure 5 
    Baseline Poverty in 2018 6 
    Simulating Alternative Policies 8 
        Transitional Jobs 8 
        Increasing the Minimum Wage 10 
        Earned Income Tax Credit Expansion 12 
        Child Tax Credit Expansion 16 
        Child Care Purchasing Accounts 17 
        Supplemental Security Income Benefit Increase 20 
        Social Security Minimum Benefit Increase and Payroll Tax Change 21
        Policy Package 22 
Results 24 
    Individual Policy Results 24 
    Combined Policy Package Results 25 
        Impact on Poverty 25 
        Impact on Employment 30 
        Net Cost of Policy Package 32 
Conclusion 35 
Appendix A. Detailed Policy Package Results 37 
Appendix B. Detailed Individual Simulation Results 46 
Appendix C. Transitional Jobs 53 
References 57 
Notes 56 
About the Authors 59
Statement of Independence 60