The child poverty rate fell by nearly half in 2021 as enhanced child tax credit sent billions of dollars to families | CNN Politics

  • 📰 CNN
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Some 5.2% of children were in poverty in 2021, down from 9.7% the year before, according to Census Bureau data

Some 5.2% of children were in poverty in 2021, down from 9.7% the year before, based on a broader alternative measure developed by the Census Bureau. The Supplemental Poverty Measure, which began in 2009, takes into account certain non-cash government assistance, tax credits and needed expenses – addressing a major flaw in the official poverty rate, economists say. The supplemental poverty rate for children was the lowest on record since the measure began.

“We know how to fight poverty, and it’s not super complicated,” said Elizabeth Lower-Basch, director of income and work supports at the left-leaning Center for Law and Social Policy, known as CLASP. “It’s about giving people the resources that they need to meet their and their families’ needs.” Critics of the enhanced child tax credit, as well as other stimulus measures that Democrats approved early last year, argue that they helped spur skyrocketing inflation.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Lies...inflation and skyrocketing prices increased poverty and the pennies issued to select groups did not help. Seniors/retired Americans on fixed incomes trying to stay in their own homes have been hit hardes

Bullshit Report!

BULLSH*T!!!

I don’t believe this. With inflation no way when everyday people suffer , can’t imagine the less fortunate people aren’t .

Thank you for life insurance for paying out for the covid deaths of the parent(s) and grandparent(s) to ensure our children were not in poverty !!!

Now there's some extremely manipulated data...well done propaganda machine.

That’s hilarious 🤣🤣🤣

That means more children with brighter futures, thereby strengthening the nation.

Oh okay if you say so, wonder why you're not reporting about, inflation, gas prices, GDP dropping, market crashing, border over run, supply chain, Afghanistan, Russia, nuclear tensions, raising taxes, rising crime, strangling US energy out of business Biden achievements

Gee that wouldn't be because of the initiative that was paid out in 2021?

Please tell us more about how this is Biden’s doing and a direct result of 8.3% inflation. Thank you grandpa Biden for taking such good care of us.

Wait....1.2 MILLION jobs added this summer, 3.7% Unemployment, AND child poverty cut in HALF Why are Republicans sooooooo triggered by a Successful President? Thank You Brandon 🇺🇲🇺🇲🇺🇲

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in LOANS

Loans Loans Latest News, Loans Loans Headlines