If you look at the world’s advanced economies, those countries invest an average of $14,000 per year for a toddler’s child care. America invests about $500 per year — less than 4% of what our competitors invest.
Here’s what that does to our economy:
Here’s what that does to our economy:
30 years ago, the U.S. ranked 7th among advanced economies in the share of women working. Now, we rank 23rd and are losing out on more than $500B of additional economic activity per year.
The Build Back Better Agenda will cut child care costs and help parents get back to work.
The Build Back Better Agenda will cut child care costs and help parents get back to work.
The President's Build Back Better Agenda will ensure that no middle class family will pay more than 7% of their income on child care for young children.
This is about more than giving working families a break. It’s about positioning our country to compete for the long haul.
This is about more than giving working families a break. It’s about positioning our country to compete for the long haul.
The Build Back Better Agenda also extends the American Rescue Plan's Child Tax Credit expansion — providing a monthly check of $250 or $300 for every child. That money is already a life-changer for so many working families.
We need to keep it going.
We need to keep it going.
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