Obama Announces 'Promise Zones' to Tackle Poverty - The New Indian Express

Obama Announces 'Promise Zones' to Tackle Poverty

Published: 10th January 2014 09:34 AM

Last Updated: 10th January 2014 09:34 AM

As part of his efforts to focus on income inequality and poverty in the country, US President Barack Obama Thursday announced five "promise zones".

"I will work with anybody who's willing to lay out some concrete ideas to create jobs, help more middle-class families find security in today's economy, and offer new ladders of opportunity for folks to climb into the middle class," reported Xinhua quoting Obama at an event in the White House.

The five designated zones are located in San Antonio, Philadelphia, Los Angeles, Southeastern Kentucky and the Choctaw Nation of Oklahoma. They would be eligible for tax breaks and other forms of federal support.

Obama first announced the "promise zone" initiative in his State of the Union speech last year. Obama said then his administration planned "to partner with 20 of the hardest-hit towns in America to get these communities back on their feet. We' ll work with local leaders to target resources at public safety, and education, and housing".

The initiative is part of Obama's plan to create a better bargain for the middle class by partnering with local communities and businesses to create jobs, increase economic security, expand educational opportunities, increase access to quality, affordable housing and improve public safety, according to the White House. Another 15 zones will be launched in the next three years.

The "promise zone" plan is being put into action 50 years after former US president Lyndon Johnson first declared a "War on Poverty" in 1964.

Obama said Johnson's groundbreaking effort created "new avenues of opportunity for generations of Americans" and made the country better and stronger.

"Today's economic challenges are different, but they still resulted in communities where in recent decades wrenching economic change has made opportunity harder and harder to come by," he said.

comments powered by Disqus

Disclaimer: We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the NIE editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

Read More

follow us Mobile Site iPad News Hunt Android RSS Tumblr Linekin Pinterest Youtube Google Plus Twitter Facebook