TANF benefits have substantially declined in value

TANF benefits have eroded substantially, so much so that the purchasing power of current benefit levels are lower than in 1996, after adjusting for inflation. The value of TANF benefits has declined by 20 percent. This means that current benefit levels do even less to help families out of poverty than 15 years ago. 

Source: Ife Floyd and Liz Schott, TANF Cash Benefits Continued to Lose Value in 2013, Center on Budget and Policy Priorities, October 21, 2013.

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