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Pandemic Era Benefits

All articles tagged with #pandemic era benefits

economy2 years ago•3 min saved

The Impending Impact: Who Will Suffer Most as Pandemic Benefits Fade?

As pandemic-era benefits expire, millions of Americans are facing the end of economic assistance programs they have relied on. This includes the resumption of federal student loan payments for those with some college education, the closure of child care programs supported by federal grants, potential Medicaid disenrollment for one in five enrollees, and the return of work requirements for food stamp eligibility. The expiration of these benefits is expected to have significant impacts on households, including increased debt, loss of child care options, and potential loss of healthcare coverage and food assistance.

via KSL.com|

#child-care-programs #economic-assistance #economy

economy2 years ago•3 min saved

The Impending Impact: Who Will Suffer Most as Pandemic Benefits Fade

As pandemic-era benefits expire, millions of Americans are facing the end of economic assistance they have relied on. Programs such as federal student loan payment pauses, child care grants, and Medicaid coverage are coming to an end, impacting households across the country. The resumption of student loan payments raises concerns as borrowers have taken on additional debt during the pandemic. The expiration of federal grants for child care programs could result in program closures and millions of children losing their spots. Medicaid enrollment is expected to decline as states terminate coverage for ineligible residents. Additionally, the work requirement for food stamps has been reinstated, potentially leaving hundreds of thousands without access to benefits.

via CNN|

#economic-assistance #economy #food-stamps

social-issues2 years ago•3 min saved

Rising Poverty Rates in the US: Challenges to Biden's Social Safety Net

The US Census Bureau has reported an increase in the poverty rate in 2022, marking the first rise in years. The child poverty rate more than doubled from the previous year, largely due to the loss of the expanded Child Tax Credit. Experts warn that without adequate social safety net programs, the trend could worsen. The end of pandemic-era benefits, such as child tax credits and expanded unemployment benefits, likely contributed to the increase. Social scientists predict that the number of American families living below the poverty line could continue to grow if the lessons learned from the pandemic are not taken into account.

via USA TODAY|

#child-poverty #pandemic-era-benefits #poverty