11.7M lifted out of poverty by stimulus payments.
The more than $400 billion in two rounds of stimulus payments the government distributed during the pandemic helped lift 11.7 million people out of poverty in 2020, according to the Supplemental Poverty Measure (SPM) released today.
Those experiencing the rise included:
3.2 million children under 18.
6.4 million adults between 18 and 64.
2.1 million people over 65.
Full article and helpful graphics from the US Census HERE.