By Erik Wasson
The median household income for the U.S. was $51,017 in 2012, essentially unchanged from 2011.
The liberal Center for Budget and Policy Priorities noted that the report says 4 million people were lifted above the poverty level by the use of food stamps, a record high.
Republicans argue that their cost-cutting initiatives will foster the economic growth needed to reduce the stubbornly high poverty rate. Their efforts were boosted by a Congressional Budget Office report on Tuesday that shows the national debt increasing to from 73 percent to 100 percent of the economy over the next 25 years.