The Biden administration, through a @WhiteHouse-hosted event, announced a new rule aimed at reducing child care costs for more than 100,000 families across the United States. This initiative, celebrated during a Black History Month meeting on early childhood care, caps child care costs at 7% of household income for over 100,000 low-income families. Various lawmakers, including Rep. Pressley and Sen. Patty Murray, have praised the move as transformative and a significant step towards economic security for American families, thanking @POTUS and @VP for their efforts. The policy, funded by the Inflation Reduction Act, is seen as essential for working families, especially in states like New Jersey where average childcare costs exceed $1k/mo. The initiative is part of the administration's commitment to building a healthy economy from the middle out and the bottom up.
Ensuring access to quality, affordable child care is an investment in American families, our workforce, and the economy. Glad to see the Administration taking these critical steps to lower child care costs for families. https://t.co/f7vKCnWdFZ
Celebrating @VP’s historic announcement that childcare costs will be capped at 7% of household income for over 100,000 low-income families in this nation. Breathing room at the end of every month is essential for these families and invaluable to the wellbeing of their children. https://t.co/o8vN2Um6GN
The cost of childcare is too high for families across NJ and our country. We applaud the Biden administration’s action to deliver them relief and lower costs. Congressman Kim will continue his work with @DadsCaucus to build off of this progress for more families. https://t.co/iJykm7nc86
Great to see @5boroinstitute's report cited by @TIME. And even better to see the White House announce a new rule to reduce child care costs for more than 100,000 families. https://t.co/VHQnqPdyQf
Investing in affordable child care is good for families — and good for the economy. Kudos to the Biden-Harris Administration for taking this step to level the playing field, lower the cost of child care for working families, and set our kids up for success. https://t.co/RVFBee6o9O
This is welcome news from the admin. Avg childcare costs in NJ are over $1k/mo - more expensive than many families can afford. @WhipKClark and I discussed this very issue earlier this week at an event in Princeton. This policy will make a real difference for working families. https://t.co/SwsAyFk9X9
Child care is a necessity for working families in New Mexico, but rising costs put care out of reach for many. This is an important step to ease the burden on parents & deliver more economic security for American families. https://t.co/ZxWJ6M0TRY
This is a big step that’s going to cap tens of thousands of families’ child care costs at 7% of their income, which means more money back in parents’ pockets. But we can’t stop here and I'll keep working to pass my bill to cap child care costs for every family in America. https://t.co/EnBhCj6jFM
For many parents, the burden of childcare is not just financial, but also a barrier to career advancement and economic stability. This announcement will help ensure that working families across the country get access to affordable childcare. Thank you to @POTUS and @VP for… https://t.co/YKfNMPmNqr
Wages are up and inflation is down. President Biden continues to build a healthy economy from the middle out and the bottom up.
Families are suffering from historically high inflation & prices. The Tax Relief for American Families & Workers Act delivers a meaningful solution by enhancing the child tax credit, keeping more of the money hardworking families earn in their pockets. https://t.co/Z3BvvAkAIH
These updates to the Child Care Development Block Grant will help lower child care costs for families and improve timely compensation for providers. https://t.co/mnuSlnY95r
Child care is racial justice, economic justice, gender justice, education justice, and so much more. Thank you @VP and @POTUS for recognizing this and continuing to use every tool to provide affordable childcare for our families. This will be transformative. https://t.co/UJ7mCgIaKc
Thanks to funding from the Inflation Reduction Act, @IRSnews is making sure that everyone - including the wealthiest Americans - pay their fair share in taxes. I applaud Commissioner Werfel for launching this effort. https://t.co/lvgY5gaqch
Child care is a necessity for most working families across the country. Today, we announced a new rule to reduce costs for more than 100,000 families receiving child care subsidies. To celebrate this, the @WhiteHouse hosted a Black History Month meeting on early childhood care. https://t.co/hUpBHAVh0P