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Ranks of Uninsured Drop by 1M
Poverty rate unchanged, median incomes rise
By Ambreen Ali
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Posted Aug 26, 08 1:11 PM CDT
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(Newser)
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There were a million fewer uninsured Americans last year, the first annual decrease under the Bush administration, according to Census Bureau data released today. Median household incomes also rose slightly for the third consecutive year, while the nation’s poverty rate held steady at just over 12%, AP reports. The encouraging figures don’t factor in the economic downturn that began late last year, however.