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WASHINGTON (AP) — The number of children in America living in poverty jumped dramatically after just one month without the expanded child tax credit payments, according to a new study. Advocates fear the lapse in payments could unravel what they say were landmark achievements in poverty reduction.
In the month since Biden’s expanded child tax credit payments ended, the number of children living in poverty in the United States jumped by an estimated 3.7 million. The end of monthly payments and high inflation rates are contributing to the rise, say analysts.
The number of children in America living in poverty jumped dramatically after just one month without the expanded child tax credit payments, according to a new study.
The number of children in America living in poverty jumped dramatically after just one month without the expanded child tax credit payments, according to a new study
Does the expanded child tax credit reduce poverty?