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Megan A. Curran
Center on Poverty and Social Policy at Columbia University
insights
Among recipients of the expanded Child Tax Credit, 50.9% of spending went towards food, with another 35.9% going towards essential bills.
Over 5 months of the expanded Child Tax Credit, the number of children kept from poverty each month grew from 3 million in July 2021 to 3.8 million in November 2021.
6 months into the expanded child tax credit, child poverty was reduced by more than 29%.
sources
Research Roundup of the Expanded Child Tax Credit: The First 6 Months
reports
Basic Income
tags
Stability
Child Poverty
Poverty
Spending
Consumption
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