mark francis
Well-Known Member
- Joined
- Jan 15, 2021
- Messages
- 27,193
Voting for Biden resulted in the doubling of the poverty rate among American children in just two short years.
Record Rise in Poverty Highlights Importance of Child Tax Credit;Health Coverage Marks a High Point Before Pandemic Safeguards Ended | Center on Budget and Policy Priorities
Today’s stunning rise in poverty is the direct result of policy choices — including Congress’s decision to allow the successful Child Tax Credit expansion to expire.
www.cbpp.org
CBPP Statement: September 12, 2023 - For Immediate Release
Record Rise in Poverty Highlights Importance of Child Tax Credit;
Health Coverage Marks a High Point Before Pandemic Safeguards Ended
Statement of Sharon Parrott, CBPP President, on 2022 Census Poverty, Health, and Income DataToday’s stunning rise in poverty is the direct result of policy choices — including Congress’s decision to allow the successful Child Tax Credit expansion to expire. Policymakers should expand the Child Tax Credit this year and reverse this troubling trend.
The number of people with incomes below the poverty line in 2022 rose a sobering 15.3 million, today’s Census data show, reflecting the expiration of pandemic relief programs including the expanded Child Tax Credit. The poverty rate for children more than doubled from a historic low of 5.2 percent in 2021 to 12.4 percent in 2022, erasing all of the record gains made against child poverty over the previous two years. Progress made in 2021 in narrowing the glaring differences between the poverty rates of Black and Latino children compared to white children was largely reversed.
The rise in the poverty rate, the largest on record in over 50 years both overall and for children, underscores the critical role that policy choices play in the level of poverty and hardship in the country.
