U.S. Sees Surge of Ultra Poor

people-852427_1280By some estimates, the number of “ultra poor” in the United States has increased such to that of a third world country.

The number of U.S. residents who are struggling to survive on just $2 a day has more than doubled since 1996, placing 1.5 million households and 3 million children in this desperate economic situation. That’s according to “$2.00 a Day: Living on Almost Nothing in America,” a book from publisher Houghton Mifflin Harcourt that will be released on Sept. 1.

Find out more at CBS Money Watch.

Photo courtesy of: leroys