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Health and Social Programs

Inequality

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Most Children Live in Households that Experience One or More Substantial Declines in Earnings During the Year: The Child Tax Credit Should Be Restructured to Help Them
Nearly half of all children live in households that experience at least one negative earnings shock during a typical year. Such shocks are particularly common among lower-income household and households headed by adults without a bachelor’s degree.

Julie Yixia Cai and Shawn Fremstad / March 02, 2021