The Potential Poverty Reduction Effect of President-Elect Biden’s Economic Relief Proposal

This fact sheet provides a preliminary analysis of the poverty reduction effects of a selected set of policy elements within President-Elect Biden’s proposal for economic relief amidst the ongoing COVID-19 crisis. 

Our results are based on policy parameters available at the time of the modeling. Our analysis uses the Supplemental Poverty Measure (SPM) framework to project an annual poverty rate for 2021. 

Note: This brief was updated on March 11, 2021 to reflect the final elements included in H.R.1319-American Rescue Plan Act of 2021, as well as to account for small adjustments in our simulation model.

Published on January 14, 2021 and  updated on February 25, 2021.