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Squeezing the Budget: Rising Costs, Income Inequality, and The Affordability Crisis - National Women's Law Center
The cost of basic goods and services, such as housing, transportation, groceries, child care, and health care, have risen dramatically while worker’s pay has failed to keep up with prices, particularly for lower-income households. Households are increasingly spending more and more of their limited income to cover the cost of basic necessities. Every woman and family deserves to thrive, being able to comfortably pay for basic needs with their income while also investing in themselves and their futures through emergency savings, education, retirement, and homeownership. Addressing the affordability crisis requires multiple, intersecting, and robust solutions.