Round one of child tax credit payments slashed hunger rates, U.S. data shows.

Round one of child tax credit payments slashed hunger rates, U.S.
data shows.
The monthly payments of up to $300 for each kid under five and up to $250 for each kid under 18 are the result of one of the most sweeping provisions in the American Rescue Plan, though the policy did not garner much media attention at the time.
The payments are set to continue each month through December.
A huge drop.
Before the first tranche of tax credit payments hit bank accounts in mid-July, about 11 percent of households with children reported that they sometimes or often did not have enough to eat in the past week.
After the money went out, the rate dropped to just over 8 percent — a decrease of nearly 24 percent — and the lowest rate recorded since the beginning of the pandemic.
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Researchers say it is too early to fully understand the latest drop in hunger rates, but it appears to be closely tied to the child tax credit payments.