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.

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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.

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Monthly Poverty Rates among Children after Expansion of the Child Tax Credit</a>
Policy Brief Sonia Huq Policy Brief Sonia Huq

Monthly Poverty Rates among Children after Expansion of the Child Tax Credit

This policy brief discusses the estimated impact of the expanded Child Tax Credit on the monthly poverty rate for July 2021 in the United States. Monthly poverty fell from 15.8 percent in June to 11.9 percent in July, representing a decline of 3 million children living in poverty. This drop in child poverty is primarily due to the first payment of the expanded Child Tax Credit.

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