W&M Press–Neal Statement on U.S. Census Bureau's 2022 Income, Poverty, and Health Insurance Reports
Congressional Documents & Publications
September 12, 2023
Neal Statement on U.S. Census Bureau's 2022 Income, Poverty, and Health Insurance Reports
WASHINGTON, DC--Ways and Means Committee Ranking Member Richard E. Neal (D-MA) released the following statement after the U.S. Census Bureau released its annual reports on income, poverty, and health insurance :
"Today's reports confirm that child poverty is a choice, and by not extending our expanded Child Tax Credit, Republicans have sided against children and their families and forced millions into poverty. Democrats' investments in those who need it most led to extraordinary progress. Since then, Republicans' refusal to extend this lifeline has caused greater financial stressors, put necessities out of reach, and ultimately caused the largest one-year increase in child poverty on record.
"Our investments in making health coverage more affordable and accessible continue to pay off as the uninsured rate fell to a near-record low. In the Inflation Reduction Act, Ways and Means Democrats fought to extend critical tax credits to lower premiums, saving 13 million people an average of $800 per year. Making this support permanent would give families more breathing room and make it even easier to find the health coverage that best fits their needs.
"The hardship and uncertainty of poverty and not being able to access health coverage are not inevitable, and even in the face of Republican extremism, Ways and Means Democrats won't stop fighting to deliver an economy that works for all."
Statement from President Joe Biden on Census Income, Poverty, and Health Insurance Coverage Reports
Senators Hassan and Marshall Introduce Bipartisan Bill to Expand Affordable Dental Care
Advisor News
- How life insurance can provide liquidity for wealthy families
- Retirement providers turn to digital engagement to retain assets
- Looking out for clients with diminished mental capacity
- House panel advances CLEAR Forms Act backed by IRI
- Modifying life insurance based on evolving needs
More Advisor NewsAnnuity News
- AM Best to Deliver Presentation at 2026 ACLI Annual Conference
- Global Atlantic Announces Launch of ForeLifetime Income, a New Fixed Index Annuity
- A-Cap strikes back with lawsuit accusing SC regulators of sloppy process, leaking secrets
- AM Best to Discuss Its Views on Private Credit Surge and Risks at 2026 NAIC/NIPR Insurance Summit
- OID recovers $260M in life insurance benefits
More Annuity NewsHealth/Employee Benefits News
Life Insurance News