10-03-2021 23:58 via feedproxy.google.com

Biden's $1.9 trillion stimulus could drastically cut poverty, studies say

President Joe Biden.
Jabin Botsford/The Washington Post via Getty Images
Biden's $1.9 trillion stimulus passed the House again today, and is set to be signed into law this week.
The legislation could play an enormous role in reducing poverty rates, especially for children.
Two separate studies found it could reduce poverty rates by a third, but only over the next year.
See more stories on Insider's business page.
President Joe Biden's historic $1.9 trillion stimulus relief package just passed t
Read more »