Whereas there were over 3,800,000 children living in poverty in the United States in 2021, the lowest child poverty rate on record and a 46-percent reduction from 2020; Whereas for the first time on record, children in 2021 experienced a lower rate of poverty than adults; Whereas improvements to the Child Tax Credit passed in the American Rescue Plan Act were largely responsible for the record decline in child poverty in 2021, with the expansions lifting over 2,000,000 children over the poverty threshold and the full Child Tax Credit lifting nearly 3,000,000; Whereas the expiration of improvements to the Child Tax Credit already has pushed 4,000,000 children back into poverty in January 2022, and caused a 12-percent increase in food insecurity; Whereas the United States must continue to work to ensure that all eligible families are able to receive the Child Tax Credit that they are owed, including non filer families, immigrant families, and families in Puerto Rico; Whereas, according to analysis from First Focus on Children, the share of Federal spending on children temporarily increased in 2021 and 2022 due to an influx of pandemic assistance, yet it is likely to see a decrease in the share of Federal spending on children in 2023; Whereas Black, Hispanic, Asian, and American Indian and Alaska Native children experienced record low-poverty rates in 2021, but still experience significantly higher rates of poverty than their White peers and the injustice of poverty is deeply entwined with the injustice of systemic racism; Whereas 1.4 percent of children in the United States (over 1 million) were still living in deep poverty in 2021, in households with incomes less than 50 percent of Federal poverty thresholds and who face severe deprivation; Whereas the Federal poverty thresholds underestimate poverty in the United States, and families with children with incomes well above Federal poverty thresholds continue to experience material hardship and the inability to afford basic needs