Millions of children and families thrown back into poverty largely because of conservatives in both parties

[b_m_b_m_b_m]

This is the only acceptable way to both sides an issue. Inflation helped with this as well.

 

Poverty rate jumps in 2022 after end of enhanced child tax credit | CNN Politics

WWW.CNN.COM

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The share of Americans, particularly children, in poverty rose significantly last year, in large part because Congress did not renew a Covid-19 pandemic enhancement to the child tax credit, according to Census Bureau data released Tuesday.

 

Quote

The share of Americans, particularly children, in poverty rose significantly last year, in large part because Congress did not renew a Covid-19 pandemic enhancement to the child tax credit, according to Census Bureau data released Tuesday.

 

Some 12.4% of children were in poverty last year, up from a record low of 5.2% the year before and roughly comparable to where it was prior to the pandemic in 2019, based on a broader alternative measure developed by the Census Bureau. It was the largest jump in child poverty since the Supplemental Poverty Measure began in 2009. The measure takes into account certain non-cash government assistance, tax credits and needed expenses – addressing a major flaw in the official poverty rate, economists say.

 

Overall, the supplemental poverty rate was 12.4% for 2022, up from 7.8% a year earlier and higher than it was prior to the pandemic. It’s the first increase in the rate since 2010.

The official poverty rate of 11.5% was not statistically different than the prior two years.

 

Meanwhile, median household income was $74,580 last year, down 2.3% from 2021 and 4.7% lower than it was prior to the pandemic. The figures are adjusted for inflation.

 

And the uninsured rate fell to 7.9% last year from 8.3% in 2021 and comparable to where it was in 2017. However, the recent advance is not expected to continue in 2023 since states have restarted terminating the Medicaid coverage of residents they deem ineligible.

 

[b_m_b_m_b_m]

“Fun” fact: the lowest point of child poverty for black and Hispanic kids was still higher than the now increased poverty rate for white non Hispanic children

[TUFKAK]

Don’t have kids so thanks for the tax break fuckers. I need a ninth international trip this year.

[stepee]

“And I cannot vote to continue with this piece of legislation. I just can’t. I’ve tried everything humanly possible. I can’t get there,” - Joe Manchin on how much he hates children 

[Commissar SFLUFAN]

This was completely predictable and all-but-inevitable.

[Kal-El814]

Change your mindset, we've given these dime store Oliver Twists more opportunities to extricate themselves from poverty, you can't put a price on that kind of real world experience.