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Absence of Monthly Child Tax Credit Leads to 3.7 Million More Children in Poverty in January 2022

Author

Listed:
  • Zachary Parolin

    (Bocconi University, Columbia University)

  • Sophie Collyer

    (Columbia University)

  • Megan Curran

    (Columbia University)

Abstract

The monthly child poverty rate increased from 12.1 percent in December 2021 to 17 percent in January 2022, the highest rate since the end of 2020. The 4.9 percentage point (41 percent) increase in poverty represents 3.7 million more children in poverty due to the expiration of the monthly Child Tax Credit payments. Latino and Black children experienced the largest percentage-point increases in poverty (7.1 percentage points and 5.9 percentage points, respectively).

Suggested Citation

  • Zachary Parolin & Sophie Collyer & Megan Curran, 2022. "Absence of Monthly Child Tax Credit Leads to 3.7 Million More Children in Poverty in January 2022," Poverty and Social Policy Brief 20417, Center on Poverty and Social Policy, Columbia University.
    • Handle: RePEc:aji:briefs:20417
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    File URL: https://www.povertycenter.columbia.edu/s/Monthly-poverty-January-CPSP-2022.pdf
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    References listed on IDEAS

    as
    1. Zachary Parolin & Sophie Collyer & Megan Curran & Christoper Wimer, 2021. "Monthly Poverty Rates among Children after the Expansion of the Child Tax Credit," Poverty and Social Policy Brief 20412, Center on Poverty and Social Policy, Columbia University.
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    Cited by:

    1. Sophie Collyer & Megan A. Curran & Irwin Garfinkel & David Harris & Zachary Parolin & Jane Waldfogel & Christopher Wimer, 2023. "The Child Tax Credit and Family Well-Being: An Overview of Reforms and Impacts," The ANNALS of the American Academy of Political and Social Science, , vol. 706(1), pages 224-255, March.
    2. Jessica Pac & Lawrence M. Berger, 2024. "Quasi‐experimental evidence on the employment effects of the 2021 fully refundable monthly child tax credit," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 43(1), pages 192-213, January.
    3. Mortensen, Jennifer A. & Jeon, Hyun-Joo, 2023. "Profiles of Mother-Infant risk in a nationally representative sample," Children and Youth Services Review, Elsevier, vol. 145(C).
    4. Cha, Eunho & Lee, Jiwan & Tao, Stacie, 2023. "Impact of the expanded child tax credit and its expiration on adult psychological well-being," Social Science & Medicine, Elsevier, vol. 332(C).
    5. Krista Ruffini, 2023. "Does Unconditional Cash during Pregnancy Affect Infant Health?," Opportunity and Inclusive Growth Institute Working Papers 072, Federal Reserve Bank of Minneapolis.

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