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U.S. Child poverty more than doubles — a year after hitting record low, Census data shows

Posted on September 12, 2023September 16, 2023 By CorruptionLedger No Comments on U.S. Child poverty more than doubles — a year after hitting record low, Census data shows

The poverty rate in the U.S. has risen dramatically in the year since pandemic benefits ran out — and the child poverty rate has more than doubled, according to U.S. Census Bureau data released Tuesday.

Just a year ago, the Census Bureau found child poverty had hit a historic low. Experts point to the expanded child tax credit as key to this poverty yo-yo. Adam Ruben of the Economic Security Project says the tax credit went to more people, in larger amounts, and was paid out monthly.

“You could learn to count on it and know that you were going to be able to plan it into your budget,” Ruben says. “And when it stopped, it throws people back into a place of instability and insecurity.”

After the extra tax credit ended, surveys found many parents struggled to pay bills and buy enough food. The Census data also shows that median household income declined from last year, as wage gains were outpaced by inflation.

Related

https://www.npr.org/2023/09/12/1198923453/child-poverty-child-tax-credi-pandemic-aid-census-data

Source Credibility: According to NPR's own web site, "NPR's two largest revenue sources are corporate sponsorships and fees paid by NPR Member organizations to support a suite of programs, tools, and services."

All News, Children, corporate corruption, Corruption, government corruption, Humanitarian, Western Media, x.NPR Tags:All Regions, y.NPR

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