Joint federal research found that more than 90% of potentially eligible individuals received stimulus payments. Learn more in this story.
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America Counts: Stories Behind the Numbers
A U.S. Treasury-issued Economic Impact Payment sits in a pile of U.S. currency. [ [link removed] ]
Examining Equity in COVID-19 Stimulus Payments
More than 90% of potentially eligible individuals received pandemic-related stimulus payments but receipt varied across race and ethnic groups, according to recently published joint federal research.
Among the four largest race/ethnic subgroups of the potentially eligible population (Non-Hispanic White, Non-Hispanic Black, Non-Hispanic Asian and Hispanic of any race), Hispanic individuals had the lowest receipt rate (87%) and non-Hispanic White individuals the highest (94%).
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In addition, lower-income individuals and families with children received payments earlier than higher-income individuals and families without children.
The research published May 8 investigates whether there were disparities in the disbursement of federal Economic Impact Payments (EIPs) as part of a broader effort related to Executive Order 13985, Advancing Racial Equity and Support for Underserved Communities Through the Federal Government.
*Continue reading [ [link removed] ]* to learn more about:
* What Economic Impact Payments are
* What the research shows
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Government Assistance Lifts 45.4 Million Out of Poverty in 2021
A U.S. Treasury-issued Economic Impact Payment lies under a pile of $100 bills. [ [link removed] ]
The 2021 U.S. official poverty rate of 11.6% was not statistically different from 2020 but the Supplemental Poverty Measure at 7.8% was lowest on record.
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