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Safety-net benefits decrease as recipients’ income increases, but the result can be an overall drop in resources—sometimes so sharp that it feels like falling off a cliff.


Published in the Winter 2017 issue of the Federal Reserve Bank of Boston's Communities & Banking.

The views expressed are not necessarily those of the Federal Reserve Bank of Boston or the Federal Reserve System. Information about organizations and upcoming events is strictly informational and not an endorsement.


Federal Reserve Bank of Boston



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