"Several strands of research over the past twenty years have helped form a consensus among leading academics that cash income spent by parents can reduce disadvantages for children significantly. The research has partly been based on experiments when some poor groups have suddenly had access to more money than others, due, for example, to increases in the generosity of federal social programs."
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ITEP: Congress Should Not Leave Children Out of Possible Year-End Tax Deal – ITEP
The Hill: Congress should prioritize families over corporate tax breaks
AP Study: Child poverty rising after tax credit expires | AP News (February 2022)
Columbia Poverty Center: 3.7 million more children in poverty in Jan 2022 without monthly Child Tax Credit
Brookings: The new child tax credit does more than just cut poverty (September 2021)
Columbia Poverty Center: October Child Tax Credit payment kept 3.6 million children from poverty
Census Bureau: Child Poverty Fell to Record Low 5.2% in 2021
Census Bureau: Income, Poverty and Health Insurance Coverage in the United States: 2021
CNN Politics: The child poverty rate fell by nearly half in 2021 as enhanced child tax credit sent billions of dollars to families