U.S. Poverty Rate Jumps up as Covid-Era Tax Credits Expire

When Congress did not renew the Covid-era child tax credit enhancement last year, the number of poor children in the U.S. more than doubled. A new release from the Census Bureau shows that 5.2 percent of U.S. children were classified as poor in 2021 while that number had increased to 12.4 percent…

#censusbureau #olderamericans