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Search resuls for: "Liana Fox"


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Child poverty more than doubled in the U.S. last year after financial assistance that supported families during the earlier days of the Covid pandemic expired, the Census Bureau said Tuesday. The child poverty rate surged to 12.4% in 2022, up from 5.2% in the year prior, according to the bureau's data. The U.S. had made historic gains in fighting child poverty during the pandemic due in large part to the expanded tax credits. The child poverty rate fell 46% in 2021 to the lowest level on record, according to Census data released last year. The overall poverty rate also spiked by nearly 5%, the first increase since 2010, according to the data.
Persons: Carl, Norma Millers, Liana Fox Organizations: Norma Millers Childrens, Census, U.S Locations: Frederick, U.S
The expansion of the child tax credit expired at the end of 2021, and other pandemic-related benefits have expired within the past year. As a result, the supplemental poverty measure rate for children jumped 7.2 percentage points to 12.4% in 2022, according to the Census Bureau. “We did see the child tax credit had a substantial decrease in child poverty." In a statement, President Joe Biden blamed congressional Republicans for failing to extend the enhanced child tax credit and vowed to restore it. The supplemental poverty measure includes both cash and noncash benefits and subtracts necessary expenses such as taxes and medical expenses.
Persons: ” Liana Fox, , Joe Biden, , Biden, Mike Schneider, X Organizations: U.S . Census, Black, Census, Democrat Locations: United States, U.S
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