The percentage of American families with kids who report not having enough to eat fell dramatically after the first child tax credit payments were distributed last month
The most recent survey data shows that nearly half — 47 percent — of households reported spending their tax credit payment on food. | Michael Loccisano/Getty Images, according to new data from the U.S. Census Bureau.shows that the monthly payments are having a major and immediate impact on millions of households, potentially bolstering President Joe Biden’s push to extend the tax credit past the end of this year, when it is set to expire.
Researchers say it is too early to fully understand the latest drop in hunger rates, but it appears to be closely tied to the child tax credit payments. Households with children saw a major decline, while adults in households with no childrenover the same period, with about 6 percent reporting a lack of food sometimes or often.
The government has near real-time data on how households are faring during the pandemic through a tool known as the Household Pulse Survey, which launched in April 2020 to help policymakers understand what was happening in the economy throughout the crisis. Hunger rates, for example, peaked in December, several months after Washington gridlock stalled any further pandemic aid. At that point, more than 18 percent of households with children reported that they sometimes or often did not have enough to eat in the past week. After Congress passed two aid packages, in December and March, which provided two additional rounds of stimulus checks and a 15 percent increase in SNAP benefits, overall hunger rates plummetedThe U.S.
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