Shameful tax increase on working families pushes 3.7 million children back into poverty
...the fault and responsibility laid solidly at the feet of republicans, and Joe Manchin, for blocking BBB which contained an extension of the child tax credit.
NPR @NPR 55s
It's estimated that 3.7 million children were kept out of poverty in December when the last child tax credit payment was made. In January, the first month without the deposits, 3.7 million children fell into poverty.
The impact of stopping the monthly payments was devastatingly swift, according to an assessment from the Columbia Center on Poverty and Social Policy's monthly tracker.
It estimated that 3.7 million children were kept out of poverty in December when the last child tax credit payment was made. In January, the first month without the deposits, 3.7 million children fell into poverty.
One of the program's biggest impacts was seen in food security. According to an analysis of Census Bureau data, after the first payment went out the number of adults reporting that their household didn't have enough to eat dropped from 10.7 million to 7.4 million.
And the loss of the monthly payments has collided with rising prices in housing, food and gas.
https://www.cnbc.com/2021/12/23/monthly-child-tax-credit-checks-ended-where-efforts-to-add-more-stand.html
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