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Please verify your request Advertisement The level of poverty in the U.S. will fall by roughly half this year, due almost entirely to the increase in government aid provided during the Covid-19 pandemic, according to a new analysis by a team of researchers at the Urban Institute. Looking at the effects of the $1.9 trillion American Rescue Plan Act, which provided a range of benefits including direct payments, enhanced unemployment aid and refundable child tax credits, the researchers estimate that the poverty rate will fall to 7.7% in 2021 a huge drop from the 13.9% rate estimated for 2018, and the largest single-year reduction on record. In raw numbers, about 20 million fewer people are living in poverty due to the programs in the ARPA.

New yorkUnited statesJason deparleBrookings institution bob greensteinNew york timesAmerican rescue plan actBrookings institutionBob greensteinNew york time jasonUrban instituteபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்புதியது யார்க் முறைஅமெரிக்கன் மீட்பு திட்டம் நாடகம்ப்ரூக்கிங்ஸ் நிறுவனம்பாப் கிரீன்ஸ்டீன்