From Child Trends:

"New data from the U.S. Census Bureau show that the federal economic stimulus payments helped protect millions of children from poverty in 2020. These stimulus payments had a particularly large impact on Latino and Black children: According to the Census, the supplemental poverty rate (SPM) for Latino and Black children would have increased by 6.8 percentage points without the first two rounds of stimulus payments*, which were distributed starting in mid-April 2020, and again in late December. The SPM differs from the official poverty measure in that it includes the economic impact of income supports and social service benefits to households, including stimulus payments, tax credits, and nutrition assistance, among many others. Out of all the benefits included in calculating the SPM, stimulus payments and refundable tax credits had the largest anti-poverty impact for children across races and ethnicities..."

To read more of the blog post, click here.