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2. Poverty rate jumps in 2022 after end of enhanced child tax credit

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   The child poverty rate plummeted in 2021, thanks largely to a major, but temporary, boost to the child tax credit in the $1.9 trillion American Rescue Plan Act. It beefed up payments to $3,600 for ...

3. Bipartisan tax deal could lift 400,000 kids out of poverty ...

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   Then, those gains were reversed, and child poverty soared, more than doubling from 4 million in 2021 to 9 million in 2022, according to the Census Bureau: The poorest families, which qualified for ...

4. Could new poverty data renew push for expanding the child tax ...

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   The U.S. Census Bureau estimates that the child tax credit kept 5.3 million people out of poverty in 2021. In 2022, with the child tax credit returning to its normal levels, it kept 2.4 million ...

5. Child tax credit (United States) - Wikipedia

   en.wikipedia.org/wiki/Child_tax_credit_(United...

   The United States federal child tax credit (CTC) is a partially-refundable [a] tax credit for parents with dependent children. It provided $2,000 in tax relief per qualifying child, with up to $1,400 of that refundable (subject to a refundability threshold, phase-in and phase-out [b]). In 2021, following the passage of the American Rescue Plan ...

6. Proposed child tax credit expansion would lift half a million ...

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   In 2021 alone, the temporary child tax credit helped child poverty decrease by 46%, lifting 716,000 Black, 820,000 white, and 1.2 million Latino children and families out of poverty.

7. Child poverty in the United States - Wikipedia

   en.wikipedia.org/wiki/Child_poverty_in_the...

   For future policies, research suggests that greater investment directed to children and families in poverty and connections between healthcare providers and financial services can lower the child poverty rate. In 2022, the child poverty rate climbed to 12.4% from 5.2% in 2021, largely as a result of the end of pandemic aid in late 2021.

8. Nearly a million more children fell into poverty last year ...

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   The number of children in poverty rose by 979,000 from 2022 to 2023, Census Bureau data shows. The rise in child poverty comes as families still grapple with life without an enhanced child tax credit.

9. Child Tax Credit: Child poverty likely will spike this month ...

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   The absence of the advance Child Tax Credit (CTC) payment this month could push nearly 4 million children into poverty, a new study projects. The monthly child poverty rate is estimated to jump to ...