Enhancing the Child Tax Credit Would Help Young Families, Create Economic Mobility, and Lift Kids Out of Poverty, Says New Center for American Progress Report

A girl helps her brothers with a drawing and homework in Philadelphia, October 8, 2013. Source: AP/Matt Rourke

Washington, D.C. —(ENEWSPF)–August 13, 2015.  A new Center for American Progress analysis underscores that the economic cost of child poverty in the United States is $672 billion per year, or nearly 4 percent of U.S. gross domestic product. This is due to higher health costs, lower educational outcomes, and increased spending on criminal justice. Additionally, flat or…