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(CNN) – Welcome to CNN Radio News Day.
"Other bipartisan groups of Senators have stood in the same spot before, trumpeting similar proposals. We believe this will be the year Congress finally gets it done." FULL POST
By Steve Kastenbaum, CNN
Follow on Twitter: @SkastenbaumCNN
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(CNN) – New York City is experiencing its largest wave of homelessness since the Great Depression.
The spike started following cuts to a government rent subsidy program. Ironically, the impact of having to provide shelter to more than 20,000 homeless children each night is costing the city more money than the cost of the subsidies.
[3:37] “It costs $36,000 a year to shelter a homeless family in New York City. In comparison, a rental voucher is $10,000 a year. So it’s more than three times more expensive to have that family in shelter than it is to give that family permanent housing,” said Patrick Markee, a policy analyst at the non-profit Coalition for the Homeless.