Child Poverty Reduction Act of 2023

The Child Poverty Reduction Act of 2023 sets a national goal to reduce child poverty in the U.S. by half within five years. It requires the federal government to track child poverty using an annual inflation-adjusted measure (the "anchored Supplemental Poverty Measure") and produce yearly reports analyzing how federal policies affect child poverty rates, including deep poverty and racial disparities. The bill also mandates an online clearinghouse to share data and resources, and directs updates to existing federal strategies for reducing child poverty. These provisions apply to federal agencies and programs, focusing on measurement and analysis rather than direct policy implementation.