Because of all this, the official poverty rate went up 1.0 percentage point, as measured by the Census Bureau. However, another measure, which includes income like stimulus checks and government programs and is called the, shows these benefits helped reduce the number of Americans in poverty in 2020 by 2.6 percentage points.
Social Security had a big impact on lifting Americans out of poverty. Per Census data, Social Security lifted 26.5 million people out of poverty in 2020. Stimulus checks lifted 11.7 million people out of poverty. Unemployment insurance didn't have as big an effect as the first two stimulus payments, but the expanded unemployment benefits did lift 5.5 million people out of poverty. There were 37.2 million people in poverty in 2020 — 3.3 million more than in 2019.
The official rate uses pre-tax cash income and doesn't include things like stimulus checks, tax credits, or benefits like SNAP like the SPM does. So it doesn't take into account all the government expansions and stimulus given to Americans during the pandemic.
Big xucking deal
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