WASHINGTON, DC — The United States has witnessed a historic decline in poverty in recent years. Poverty rates fell sharply during the decade following the end of the 2007–09 recession and preceding the COVID-19 pandemic, lifting millions out of poverty. Poverty rates continued to drop between 2019 and 2021, notwithstanding the economic turmoil generated by the pandemic, as government at all levels introduced aid programs to blunt the financial harms.
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