Data shows poverty, especially among children, rising at an astronomical rate despite President Joe Biden’s 2021 promise to cut child poverty in half. The poverty rate spiked to 12.4% in 2022, from 7.8% in the prior year. The poverty rate for children alone also hits 12.4%, more than doubling from 5.2% in 2021. Politico White House reporter Adam Cancryn writes, “Just two years after orchestrating the largest expansion of the U.S. safety net in a half-century, Biden’s $2 trillion bet that big-government policies could vastly improve life for the poorest Americans is coming to a close.”