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Households in the middle of the income distribution are expected to see a modest increase in federal resources.

That total amounts to a nearly 4% reduction in federal resources for households in the bottom 10% of the income distribution.

The economy is often assessed at the aggregate level, with statistics like gross domestic product, instead of a distributional focus that characterizes the experience at the low-end or for the broad swath of people in the middle of the income distribution.

Despite the emphasis on saving for retirement, older Americans whose incomes are at the low end of the income distribution are increasingly worse off than their higher-income counterparts.

"Housing actually exacerbates a problem that would already be bad enough if it was only driven by the way in which the income distribution has become more unequal"