War on Poverty

Obama Lays Out ‘Promise Zones’

On Thursday President Obama laid out his new initiative for reducing poverty and creating jobs by focusing on specific economic “Promise Zones.” The first five high-poverty areas that will receive attention are San Antonio, Texas; Southeastern Kentucky; Philadelphia; Los Angeles; and the Choctaw Nation of Oklahoma. The plan aims to ensure more high school graduations, provide tax incentives for economic growth and bring mixed-income housing to these areas.