From Caroline Anderson-Gray, CBPP <[email protected]>
Subject 1 in 3 Adults Having Trouble Paying Expenses
Date October 7, 2020 6:46 PM
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cbpp.org

Nearly 78 million adults – about 1 in 3 – are having trouble paying for usual household expenses, today’s Census shows ([link removed]) . Policymakers need to urgently resume negotiations – which the President abruptly ended yesterday – and enact a robust, bipartisan economic relief package.

The data show ([link removed]) that 32 percent of adults reported that, in the last week ([link removed]) , their household found it somewhat or very difficult to cover expenses such as food, rent or mortgage, car payments, medical expenses, or student loans. That’s 78 million people.

Today’s data also provide other important insights ([link removed]) :
* The rate of hardship was higher for adults with children (40 percent) than adults in household without children (27 percent).
* Some 9 to 14 percent of adults with children said that their children didn’t eat enough in the last week because they couldn’t afford it. That’s between 7 and 11 million children.
* Nearly 1 in 6 adult renters – 11 million people – reported that they lived in a household that wasn’t caught up on rent.
* Renters of color are likelier to report difficulty affording rent, with Black renters more than twice as likely as white renters to behind on rent.

The President abruptly ending relief negotiations means people won’t see any relief until after the election at the earliest. Policymakers need to urgently resume negotiations and enact a robust, bipartisan relief package.
Read the Post ([link removed])


** Additional Resources
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› “President Trump’s decision yesterday to terminate #COVIDRelief negotiations is deeply unfortunate,” tweeted CBPP President Greenstein a tweet thread posted earlier today. ([link removed])
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Contact: Caroline Anderson-Gray (mailto:[email protected]?subject=CBPP%20Email%20Response) , 202-408-1080, Director of Digital Strategy

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