Children Left Behind by the Child Tax Credit in 2022
Policy Brief Guest User Policy Brief Guest User

Children Left Behind by the Child Tax Credit in 2022

The 2021 Child Tax Credit expansion included the one-third of children formerly left out of the full credit and resulted in historic poverty reduction. The expansion’s expiration excluded these children once again and child poverty rates rose sharply in response. This analysis updates the share and profile of children left out of the full Child Tax Credit in 2022, representing 26% of all children.

Read More
What Would 2022 Child Poverty Rates Have Looked Like if an Expanded Child Tax Credit Had Still Been in Place?
Policy Brief Guest User Policy Brief Guest User

What Would 2022 Child Poverty Rates Have Looked Like if an Expanded Child Tax Credit Had Still Been in Place?

The sharp spike in child poverty from 2021 to 2022 represents the largest year-over-year increase on record and is largely the result of the expiration of the 2021 temporary Child Tax Credit expansion. This policy brief examines what 2022 child poverty could have been if an expanded Child Tax Credit had been continued.

Read More
A Benefit-Cost Analysis of Child Care Subsidy Expansions: The New York State Case
Working Paper Megan Curran Working Paper Megan Curran

A Benefit-Cost Analysis of Child Care Subsidy Expansions: The New York State Case

This paper estimates the benefits and costs of a proposed New York State policy reform to provide child care subsidies to families up to three times the federal poverty line while supplementing child care worker compensation, alongside alternative program design options. It estimates a net present value of $12.4 billion in yearly social benefits relative to a yearly cost of $1.6 billion.

Read More
Impact of the Expanded Child Tax Credit and its Expiration on Adult Psychological Well-being
Sonia Huq Sonia Huq

Impact of the Expanded Child Tax Credit and its Expiration on Adult Psychological Well-being

This article investigates the effects of the expanded Child Tax Credit and its expiration on psychological distress of adults in households with children and its differential effects by gender, education, marital status, and race and ethnicity. The expanded Child Tax Credit led to a significant reduction in mild - but not moderate or severe - symptoms of psychological distress, especially among female, single, married, and Hispanic adults.

Read More
Effects of the Expanded Child Tax Credit on Household Spending: Estimates Based on U.S. Consumer Expenditure Survey Data
Working Paper Sonia Huq Working Paper Sonia Huq

Effects of the Expanded Child Tax Credit on Household Spending: Estimates Based on U.S. Consumer Expenditure Survey Data

In partnership with the Bureau of Labor Statistics, this NBER working paper is the first to use nationally-representative expenditure data to examine the impact of the expanded Child Tax Credit on household spending. Families used the monthly payments to enhance child and household well-being, mainly on food, housing, and child-related goods and services.

Read More
The Effectiveness of the Food Stamp Program at Reducing Differences in the Intergenerational Persistence of Poverty
Working Paper Sonia Huq Working Paper Sonia Huq

The Effectiveness of the Food Stamp Program at Reducing Differences in the Intergenerational Persistence of Poverty

This working paper, released by the Washington Center for Equitable Growth, investigates the effects of food assistance on racial disparities in the intergenerational persistence of poverty. Income transfers that reduce poverty during childhood can contribute to reduced poverty in adulthood and also reduce racial gaps.

Read More
The Costs of Cutting Cash Assistance to Children and Families: Changing TANF work requirements could cost society up to $30 billion per year
Policy Brief Ashley Raquel Morales Policy Brief Ashley Raquel Morales

The Costs of Cutting Cash Assistance to Children and Families: Changing TANF work requirements could cost society up to $30 billion per year

This benefit-cost analysis examines the potential effects of the Limit, Save, Grow Act (H.R. 2811 in the 118th Congress) that would change state Temporary Assistance for Needy Families (TANF) work participation requirements in ways that could result in states restricting or eliminating TANF cash assistance for families with children. Every $1 in TANF cash assistance payments lost to families per year would cost society $8 per year, with the worst case scenario costing society close to $30 billion per year.

Read More
The Antipoverty Effects of the Expanded Child Tax Credit Across States: Where Were the Historic Reductions Felt?
Policy Report Ashley Raquel Morales Policy Report Ashley Raquel Morales

The Antipoverty Effects of the Expanded Child Tax Credit Across States: Where Were the Historic Reductions Felt?

In this report published by The Hamilton Project at The Brookings Institution, CPSP affiliate Bradley Hardy and CPSP researchers examine the state variation in poverty reduction effects of the 2021 expanded Child Tax Credit. The greatest level of poverty reduction was seen in states with relatively lower costs of living and higher pre-expansion poverty rates.

Read More
Intra-Year Employment Instability and Economic Well-Being Among Urban Households: Mitigating Effects of the Social Safety Net
Academic Article Guest User Academic Article Guest User

Intra-Year Employment Instability and Economic Well-Being Among Urban Households: Mitigating Effects of the Social Safety Net

This article examines the associations among employment status, income supports, poverty, and material hardship and whether the safety net buffers against financial hardship among households with unstable employment. Consistent unemployment is strongly associated with low income and poverty status, but not material hardship. Findings also suggest that cash transfers effectively buffer against the negative impact of persistent unemployment, while in-kind transfers appear more important for the unstably employed.

Read More
The Effects of Child Poverty Reductions on Child Protective Services Involvement and Placement into Out-of-Home Care
Academic Article Guest User Academic Article Guest User

The Effects of Child Poverty Reductions on Child Protective Services Involvement and Placement into Out-of-Home Care

This article shows the reduction in child protective services involvement resulting from implementation of three of the policy packages from a recent National Academy of Sciences proposal to reduce child poverty: child allowance and expansions to the earned income tax credit; the Supplemental Nutrition Assistance Program; and the federal minimum wage.

Read More