Economic and Legislation News

How the Child Tax Credit Empowered Low-Income Parents
The new studies bolster the case, long made by many liberal economists and policymakers, that poor families tend to spend cash welfare payments on their most pressing needs, to the benefit of the entire household and especially children. At the same time, the studies refute long-standing arguments by conservatives—including opponents of the 2021 expanded tax credit—that such assistance deters families from seeking paid work.

Ending Child Poverty: Lessons from a One-Year Expansion of the Child Tax Credit
It lifted “an estimated 2.9 million children out of poverty, reducing food hardship, decreasing parent financial stress, and more. Yet, Congress failed to extend the expanded program, and it ended in January 2022.”

Sticker Shock at the Grocery Store? Inflation Wasn’t the Only Reason Food Prices Increased

Prices at the supermarket keep rising. So do corporate profits.
Is it really inflation? Or something else?

Inflation and Rising Food Prices: How Does Federal Food Assistance Change?

Hunger Cliff
America’s neediest are dealing with food stamp cuts and rising prices at the same time.

A Hunger Cliff is Looming
As public health emergencies end, so do emergency allotments for households receiving vital nutrition benefits.

Roughly 32 Million People Now Receiving Less Government Food Assistance