A family’s income during the prenatal and early years of a child’s life plays a significant role in her health, well-being, and cognitive development, all of which shape her future outcomes. Evidence abounds on the positive impact that income support programs—especially cash transfers—have on children.
Thanks to powerful federal investments in programs that support people seeking economic security, the child poverty rate in 2021 as measured by the Supplemental Poverty Measure (SPM) dropped by nearly half, from 9.7 percent in 2020 to 5.2 percent in 2021, the lowest level measured.
The proposed Inflation Reduction Act of 2022 is a significant step forward for restoring fairness to our tax system, reducing health care coverage costs, and addressing the climate crisis—which disproportionately harms communities of color and those with low incomes—even as it falls far short of…
If you were claimed as a dependent in 2020, but not in 2021, you can be eligible for the third stimulus payment—even if someone received a payment on your behalf. Read on for a breakdown of some of the basic rules you need to know.