This document is comprised of the single 2001 issue of a newsletter devoted to identifying and promoting strategies to reduce the poverty rate of young children and to improve the life chances of children still living in poverty. This summer issue features the following articles: (1) "Federal Resources Can Help States Invest in Young Children and Families"; (2) "States Increase Investments in Young Children and Families But Levels of Help Vary Widely"; (3) "States Use Earned Income Credits To Lift Children from Poverty"; (4) "More Employed Families Helped with Child CareBut Demand Outpaces Supply of Subsidies"; and (5) "Screening Is Key to Putting Poor Families on the Road to Economic Self-Sufficiency." Regular sections in each issue of the newsletter include: current activities of the National Center for Children in Poverty (NCCP); information on recent publications recommended for program administrators and policymakers; and information on publications available from NCCP. (HTH)