Source: Center for American Progress
A new report shows that the Child Care for Working Families Act could lead to more equitable economic growth for families in the United States.
Key Takeaways Include:
– More than 75% of working families with young children would be eligible for reduced child care costs under the bill.
– More than half of eligible working families would have no-cost child care–covering more than 5 million children under the age of six.
– The Child Care for Working Families Act would fundamentally transform how families access quality care while investing in the long undervalued early care education workforce.
– Access to reliable and affordable child care is not only necessary for the financial security of working families, but also economic growth and global competitiveness.
– The President and Congress recognize child care is essential and have proposed additional solutions to finally address the child care crisis. These include the American Families Plan and additional bills and proposals.
– Continued and substantial funding for the child care industry remains especially important given the context of the pandemic which has devastated the field and pushed millions of women out of the paid workforce.