New Research Shows Many Low-Income Households Have Little Financial Cushion as Hunger Cliff Looms
The responses of Propel SNAP customers surveyed in November 2021 and recent data analyses reported by The New York Times underscore the precarious financial situation many low-income households face. This is even as temporary SNAP benefit boosts, monthly advance Child Tax Credit (CTC) payments, and other federal initiatives have helped mitigate household hardship and stimulate the economy during COVID-19. With some federal aid payments slated to sunset, the implications for policymakers are significant.