New Report Confirms Democrats’ Tax Cut Delivered For American Families

Expanded Child Tax Credit Greatly Reduced Child Poverty After Just One Payment

New research from Columbia University’s Center on Poverty and Social Policy found that Democrats’ tax cut immediately provided tangible relief for American families, confirming that Senate Democrats delivered for hardworking Americans when they unanimously passed the American Rescue Plan.

The report found that the first round of monthly payments alone:

• Saved three million children from falling below the poverty line;
  
• Contributed to the child poverty rate dropping from 15.8% in June to 11.9% in July, or a decline of 25%.

Reminder: every single Republican incumbent and Senate candidate opposed this critical tax relief for hardworking American families.

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