This Center on Budget and Policy Priorities brief looks at a new study that paints a more in-depth picture of American debt inequality than studies based on Census data alone. What it finds is that now more than ever, the richest one percent is getting richer, while the lowest-income Americans are making scant progress. From 2003 to 2004, the average incomes of the bottom 99 percent of households grew by less than 3 percent, while the average incomes of the top one percent of households jumped almost 17 percent (after adjusting for inflation).

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