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The Potential Poverty Reduction Effect of the American Rescue Plan

Author

Listed:
  • Zachary Parolin

    (Columbia University)

  • Sophie Collyer

    (Columbia University)

  • Megan Curran

    (Columbia University)

  • Christoper Wimer

Abstract

This fact sheet provides an analysis of the poverty reduction effects of a set of policy elements in the American Rescue Plan Act of 2021, legislation to provide economic relief amidst the ongoing COVID-19 crisis. The projected annual poverty rates for 2021 are listed below.

Suggested Citation

  • Zachary Parolin & Sophie Collyer & Megan Curran & Christoper Wimer, 2021. "The Potential Poverty Reduction Effect of the American Rescue Plan," Poverty and Social Policy Brief 20411, Center on Poverty and Social Policy, Columbia University.
    • Handle: RePEc:aji:briefs:20411
    as

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    File URL: https://www.povertycenter.columbia.edu/s/Poverty-Reduction-Analysis-American-Rescue-Plan-CPSP-2021.pdf
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    Citations

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    Cited by:

    1. Claudia Sahm, 2021. "COVID-19 Is Transforming Economic Policy in the United States," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 56(4), pages 185-190, July.
    2. Thomas, Margaret M.C. & Waldfogel, Jane, 2022. "What kind of “poverty” predicts CPS contact: Income, material hardship, and differences among racialized groups," Children and Youth Services Review, Elsevier, vol. 136(C).
    3. Zachary Parolin & Elizabeth Ananat & Sophie M. Collyer & Megan Curran & Christopher Wimer, 2021. "The Initial Effects of the Expanded Child Tax Credit on Material Hardship," NBER Working Papers 29285, National Bureau of Economic Research, Inc.
    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. 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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