According to the federal poverty guidelines (I can't post links yet, so just do a google search for "2010 Federal poverty guidelines"), the federal poverty level is $7,090 per household, as well as $3,740 for every person in said household, so an individual living by himself would have a poverty level of $10,830, a husband-and-wife couple would have a poverty level of $14,570, a family of four would have a poverty level of $22,050, and Octomom, with her 15-person household (herself, and 14 kids), would have a poverty level of $63,190.

If there are 120 million households in the United States, according to what people estimate the 2010 Census will yield, and an estimated 304 million people, would that mean that the cumulative poverty level of the entire nation would be as follows:

$7,090 * 120,000,000 + $3,740 + 304,000,000 = $1.98776 trillion, round it up to $2 trillion event?

Is that a legitimate estimate?