COVID-19 Relief Spending Pushed Poverty To Record Low In 2021
But Tuesday’s release from the Census Bureau showed that early estimates showing a sharp drop in child poverty were right. The supplemental poverty measure, which accounts for tax benefits, showed that child poverty declined from 9.7% in 2020 to 5.2% last year, the decline resulting almost entirely from the six rounds of monthly payments.
“It is pretty stunning,” Indivar Dutta-Gupta, president of the Center for Law and Social Policy, said in an interview. “This was obviously a very well designed and targeted program if your goal was to keep kids out of poverty.”
Read the full article here.