Poor Kids. Pitiful Us

By KIM BELLARD Well, congratulations, America.  The child poverty rate more than doubled from 2021 to 2022, jumping from 5.2% to 12.4%, according to new figures from the Census Bureau.  Once again, we prove we sure have a funny way of showing that we love our kids. The poverty rate is actually the Supplemental Poverty Measure (SPM), which takes into account government programs aimed at low income families but which are not counted in the official poverty rate. The official poverty rate stayed the same, at 11.5% while the overall SPM increased 4.6% (to 12.4%), the first time the SPM has increased since 2010.  It’s bad enough that over 10% of our population lives in poverty, but that so many children live in poverty, and that their rate doubled from 2021 to 2022 — well, how does one think about that? The increase was expected. In fact, the outlier number was the “low” 2021 rate.  Poverty dropped due to COVID relief programs; in particular, the child tax credit (CTC).  It had the remarkable (and intended) impact of lowering child poverty, but was allowed to expire at the end of 2021, which accounts for the large increase. We’re basically back to where we were pre-pandemic. President Biden was quick to call out Congressional Republicans (although he might have chided Senator Joe Manchin just as well): Today’s Census report shows the dire consequences of congressional Republicans’ refusal to extend the enhanced Child Tax Cr...
Source: The Health Care Blog - Category: Consumer Health News Authors: Tags: Health Policy Child poverty Kim Bellard Medicaid Source Type: blogs