November 23, 2024

Child poverty in America has dropped by more than 80% since 1993.
Why it matters: Growing up poor affects every facet of adult life, from health to wealth.
? Reality check: Pandemic-era expanded government benefits, from stimulus checks to an expanded child tax credit, were major drivers in reducing child poverty in 2020 and 2021.
Still, many of the driving factors behind the drop in child poverty are longer term.
The big picture: The reduction in child poverty has affected all poor kids in the U.S., per the Child Trends report.

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