Why poverty rates are likely to rise this year

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Why poverty rates are likely to rise this year
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One of the last remaining major COVID relief programs — the expansion of SNAP benefits, aka food stamps — ends this month, pushing about 32 million Americans off a 'hunger cliff.'

One of the last remaining major COVID relief programs — the expansion of SNAP benefits, aka food stamps — ends this month, pushing about 32 million Americans off a "hunger cliff."Since 2020, massive expansions of funding for programs that serve low-income Americans have meaningfully lowered poverty rates for adults and children. That era is mostly ending.The SNAP emergency allotments kept 4.

That made a huge difference to those who would only typically qualify for the minimum amount of food benefits, mainly the elderly and disabled Americans, as well as working folks who make very little money. In addition to working full-time, she's also attending graduate school on the weekends, which leaves little time to shop and prepare meals.

However, Lauren Bauer, a fellow in economic studies at Brookings, said that the way the enhanced benefits are ending is disappointing. "There are better [gradual] ways to dial down a program."The COVID era was a time when policymakers made a concerted effort to alleviate hardship.

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