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A measure that accounts for all federal subsidies showed that fewer people experienced severe economic hardship, while health insurance coverage rose.

A recent study found that the monthly distribution of tax credit payments kept 1 in 10 children from experiencing a “spell of poverty” throughout the year.

Uneven inflation has hurt poor households and redistributed wealth to the rich

After months and months of the ongoing debate over the various plans and proposals being considered in Washington D.C., it’s rare to see a new argument...

What NYC Families Need To Know About The New Child Tax Credit Payments Coming Their Way arrow New changes to the federal child tax credit policy could mean that for the first time ever, an estimated 275,000 to 400,000 of New York City’s neediest families will be able to join the program that will send families monthly cash payments starting July 15th. Under President Joe Biden’s American Rescue Plan, the annual child tax credit amount increased from $2,000 per child over the age of six to $3,000. Families with children under the age of six will see an increase in the annual cred...