(CNN) — 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
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.
Poverty rate jumps in 2022 after end of enhanced child tax credit abc17news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc17news.com Daily Mail and Mail on Sunday newspapers.
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The COVID-19 pandemic had devastating health, economic and social consequences. In New York, the pandemic and ensuing economic shutdown produced almost 2 million job losses in 2020. Yet for many, economic hardships existed long before this time.