Romney’s plan to alleviate childhood poverty would save tax dollars in the future, says one of the country’s foremost experts on poverty

Sen. Mitt Romney (R-Utah) has proposed providing at least $3,000 per child to millions of American families. The move could actually provide enormous future savings for the country, says one of the country’s foremost experts on poverty.

“In earlier work, I’ve estimated that for every dollar we spend on reducing childhood poverty, we save anywhere between $7 and $12 in future expenditures,” said Mark Rank , the Herbert S. Hadley Professor of Social Welfare at the Brown School at Washington University in St. Louis.

“This is because child poverty is associated with higher health care costs, lower economic productivity and higher […]

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