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I generally agree that anything coming out of this administration should be viewed with extreme skepticism, but there's independent reporting from 2022 and 23 that backs this up
https://abcnews.go.com/US/us-poverty-rate-jumped-2022-child-poverty-doubled/story?id=103130527 (arc)
https://www.independent.co.uk/news/world/americas/us-politics/child-poverty-biden-tax-credit-b2410185.html (arc)
Yeah, that wouldn't surprise me at all, and I also wouldn't put just straight up fabricating data past them. The whole Republican is completely without any ethical restraints in basically every way and a huge existential threat to the country.
Moderates pissed away a winnable election to the fascists by ending stimulus checks, ignoring the importance of putting criminal Republicans in prison, and focusing only on how they could give taxpayer money to wealthy for profit businesses like computer chip manufacturers and the like. They had the votes in 20-22 to lock in the expanded child tax credits and other pandemic era aid programs, but instead they focused on helping wealthy companies first and tried to tell voters that we had to re-elect them or those child tax credits would go away. The problem is, voters at this point understand both parties are completely full of shit and just lie their asses off while campaigning, so they only care about what you actually do and not so much about what you say you'll do. They will vote for the incumbent if they like it or the opposition party if they don't, even if every available bit of evidence says the opposition party will make things worse. And nothing about any of that should have been a surprise to professional politicians, but they decided to do what they did anyway, and now here we are.