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US poverty rate jumped in 2022, child poverty more than doubled: Census

Por: ABC7 World September 13, 2023

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The expiration of pandemic programs, including refundable tax credits and stimulus payments, at the start of 2022, led to an increase in the SPM over the official poverty rate, the census reported.The poverty rate among children saw a sizeable increase, more than doubling from 5.2% in 2021 to 12.4% last year, census data shows.The increase in the child poverty rate comes after the child tax credit expansion ended on Dec. 31, 2021.The child tax... + full article



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