Examining Equity in COVID-19 Stimulus Payments
More than 90% of potentially eligible individuals received
pandemic-related stimulus payments but receipt varied across race and ethnic
groups, according to recently published joint federal research.
Among the four largest race/ethnic subgroups of the potentially
eligible population (Non-Hispanic White, Non-Hispanic Black, Non-Hispanic Asian
and Hispanic of any race), Hispanic individuals had the lowest receipt rate
(87%) and non-Hispanic White individuals the highest (94%).
In addition, lower-income individuals and families with children
received payments earlier than higher-income individuals and families without
children.
The research published May 8 investigates whether there were
disparities in the disbursement of federal Economic Impact Payments (EIPs) as
part of a broader effort related to Executive Order 13985, Advancing Racial
Equity and Support for Underserved Communities Through the Federal Government.
Continue reading to
learn more about:
What Economic Impact Payments are
What the research shows
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