Americans Boost Economy, Charitable Giving by 25% Amid Covid Recovery

Charitable donations have risen 25% compared to pre-Covid levels, as American generosity is enhanced by greater economic stability and confidence from Bidenomics policies designed to support families and communities. The enlarged Child Tax Credit has positively impacted 61 million children across the U.S., including military families and those living under the poverty line. Wage growth and high employment rates have increased American savings.