The high cost of childcare in America is hindering women's employment and workforce participation. Proposed legislation like the CHILD ACT aims to alleviate this burden by increasing annual contribution limits for Dependent Care FSAs. Lawmakers are advocating for measures to lower childcare costs and support families, including capping expenses at a percentage of income and federal investments in childcare programs like Early Head Start. Initiatives such as expanding the Child Tax Credit and bipartisan efforts to raise pre-tax childcare fund caps are being pursued to address the childcare crisis.
CHILDCARE NYC is ground zero for America’s affordability crisis. I am a co-lead of the bipartisan CHILD Act, which would raise the cap of the DCAP FSA (pre-tax childcare fund) from $5k to $10k and then index it to inflation. From @NY1: https://t.co/CAVSZbMv0k
I'm honored to host Kelly Maxwell, CEO of @BabysBountyLV, for the State of the Union. Her tireless work to support families complements the work we've done to tackle the child care crisis, like expanding the Child Tax Credit. Every Nevada family deserves our support. https://t.co/W4C8oyQMqm
So many families struggle to find high-quality childcare that doesn’t break the bank. Great to see a $3M federal investment in Early Head Start at the Council of Three Rivers American Indian Center to support kids & provide the childcare parents depend on. https://t.co/WubEuyeZTf
Capping CCDBG families’ child care costs at 7% of their income means more than 100,000 low-income families will save hundreds of dollars every month. This is an incredible step forward to achieving affordable and accessible child care for every family in America. Thanks @POTUS! https://t.co/bfHaNJVrDW
I’m glad to see the @WhiteHouse announce new action to help lower the cost of childcare. We must continue to do everything we can to make life more affordable for families, including supporting Head Start & other key childcare programs. https://t.co/tzijod7O61
The crushing cost of childcare has become a barrier to the employment and workforce participation of many women in America. The CHILD ACT would double the annual contribution limit for Dependent Care FSAs, providing much-needed relief to hardworking families. https://t.co/P534rpFZpO
The crushing cost of childcare has become a barrier to the employment and workforce participation of many women in America. The CHILD ACT would double the annual contribution limit for Dependent Care FSAs, providing much-needed relief to hardworking families. It’s time to get… https://t.co/HNYh8tRTTu