Dec 19, 2017

Some low-income kids only getting small boost under tax bill

The last-minute enhancement of the child tax credit in the final GOP tax bill, won by Sens. Marco Rubio and Mike Lee, gives some working-class families a financial boost compared to the Senate bill. But it leaves out 10 million kids in low-income families that will still get no more than a $75 increase, according to an analysis by the left-leaning Center on Budget and Policy Priorities.

Data: Center on Budget and Policy Priorities; Note: Based on final bill; Chart: Andrew Witherspoon / Axios

The bottom line: Rubio and Lee can credibly claim they enhanced the child tax credit, but not enough for all children to see the benefit.

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Mapping credit inequality in the U.S.

Data: New York Fed; Map: Danielle Alberti/Axios

This map is a vivid depiction of credit inequality in the United States. The dark areas show counties where a large proportion of the population has no access to credit, while the lighter areas are considered "credit-assured" or "credit-likely."

Why it matters: Communities with good access to credit can grow faster and prove more resilient to shocks than their less creditworthy counterparts.

Go deeperArrowDec 19, 2019

The 2010s saw a fall in the number of American kids

Data: William H. Frey analysis of U.S. Census estimates released Dec 30, 2019; Map: Danielle Alberti/Axios

There are 1.1 million fewer children living in the U.S. today than there were at the start of the decade, according to an analysis of new Census data by the Brookings Institution's William Frey.

The big picture: The adult population grew by 8.8% in the 2010s. in the three previous decades, the child population increased. The past decade marks a pivotal moment as the U.S. ages and, as a result, family life is transformed — especially because Americans are waiting longer to have children and having fewer of them.

Go deeperArrowJan 2, 2020

Debate night: Candidates' last chance before nation's first presidential contest

Warren, Biden, Sanders, Buttigieg on Jan. 14, 2020 in Des Moines, Iowa. Photo: Spencer Platt/Getty Images

Six 2020 candidates offered their positions on issues including beating Trump, climate change, impeachment in the seventh Democratic debate Tuesday night.

Why it matters: The debate is the last before the Iowa caucus — the first real test of candidates' appeal to voters — on Feb. 3, as the top four Democrats stand statistically neck and neck with caucus-goers.

Go deeperArrowUpdated Jan 15, 2020