The Center on Poverty and Social Policy at Columbia University has released a series of new reports and analyses regarding the Expanded CTC, including the following:
New CTC research roundup — this updates the original Dec 2021 roundup to include evidence through early November 2022 and provides a more detailed look at the impacts of the expanded CTC while in place and what happened to children and families when it expired.
Joint report with ITEP on tackling child poverty through state-level CTCs — this is a 50-state analysis of what state legislatures can do to enhance/develop their own CTCs and supplement any future CTC action at the federal level.
Analysis of how including the 1/3 of children formerly left behind drove child poverty reduction under the expanded CTC — this policy brief provides a look at the impact of full refundability and removing the earnings requirement on child poverty disparities by children’s race and ethnicity, age, family size/type, urban vs. rural, and more.
Working paper on differences in use and impact of the monthly vs. lump-sum CTC payments — this paper finds that families were more likely to use the monthly payments on smaller, regular expenses (e.g. food) and monthly payments reduced food insufficiency. In contrast, families used the lump-sum CTC to pay off larger items like housing arrears or debt and the lump-sum payment reduced housing hardship.
Analysis with UNICEF of how the expanded CTC impacted US child poverty internationally — this policy brief shows that the expanded CTC moved the US up in international child poverty rankings, from the near-bottom (with one of the highest international rates) closer to the mainstream of other wealthy nations.
These resources are useful in explaining the full picture of how families and children benefited from the expansion of the CTC under the American Rescue Plan.
