Bessent on 2025 poverty and income figures
“In 2025, the official poverty rate fell to its lowest recorded level, and real median household income reached an all-time high, rising 2.6 percent—more than the 1.9 percent gain over all four Biden years combined.”
Official post · not independently verified
Our summary
Bessent said: "In 2025, the official poverty rate fell to its lowest recorded level, and real median household income reached an all-time high, rising 2.6 percent—more than the 1.9 percent gain over all four Biden years combined." These are Bessent's statements; the underlying Census release was not reviewed for this item.