1 in 50 American children homeless

Report: 1 in 50 American children homeless

Homeless children have poor health, emotional problems and low graduation rates, the study found.

"The consequences to our society will play out for decades," Bassuk said. "As we bail out the rest of our nation, it is also time to come to their aid."

"If we fail to act," the report said, "the consequences will play out for years to come as a generation of lost children grow to adulthood."