2020 Poverty Rate Decline Makes the Case for Ongoing Stimulus Aid

·3 min read
2020 Poverty Rate Decline Makes the Case for Ongoing Stimulus Aid

When we think back to 2020, a few things come to mind -- a widespread health crisis (which, incidentally, isn't over yet), rampant unemployment, and a shaky economy. In spite of all that, poverty levels actually declined in 2020 compared to 2019. For those collecting unemployment benefits, a $600 weekly boost available under the CARES Act lasted for months before being replaced by a $300 weekly boost.

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