Existing tax credit is regressive – and cover small fraction of childcare costs
Building Blocks for Childcare Reform – Patrick Brown/American Compass
“The cost can be a huge burden to low-income families, especially single parents. Ever since the 1990s, public policy has sent households headed by a single parent a clear message about the importance of participation in the labor force; for them, targeted childcare assistance makes sense. That is not the same, however, as creating a middle-class entitlement out of the purportedly widespread desire for full-time, center-based childcare.”
CCSE article on problems with the Biden Administration’s approach:
White House’s promised childcare subsidies face a host of ‘devils in the details’
The Labor Market for Childcare Workers – Chicago Fed