The U.S. saw a sharp rise in the government’s supplemental poverty rate and a fall in real incomes for Americans in 2022, with the rate for children more than doubling, according to census data released Tuesday.
The government’s Supplemental Poverty Measure (SPM), which calculates poverty by including the impact of government programs, geographic variation in housing expenses, taxes and medical expenses, increased for children from 5.2% in 2021 to 12.4% in 2022, while overall poverty increased by 4.6 points to 12.4% during President Joe Biden’s second year in office, according to a release from the U.S. Census Bureau. Biden blamed the rise in child poverty seen under his tenure on the lapse of the expanded Child Tax Credit, according to a Friday statement from the White House.
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