Tuesday, September 13, 2022

Blog: Expansions to Child Tax Credit Contributed to 46% Decline in Child Poverty Since 2020

Child poverty, calculated by the Supplemental Poverty Measure (SPM), fell to its lowest recorded level in 2021, declining 46% from 9.7% in 2020 to 5.2% in 2021, according to U.S. Census Bureau data released today.

In contrast, when calculated by the official poverty measure, child poverty declined only 0.7 percentage points, from 16.0% to 15.3%.

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