Proposal to Cut Childcare Costs in U.S. Unveiled by Vice President Harris

U.S. Vice President Kamala Harris unveiled a proposal that cut the childcare costs to 7% of the income of those who receive assistance. Nonetheless, the Congress is yet to approve the budget proposed by the Biden administration.

In 2023, the average American household is expected to spend less on childcare costs due to the inflation that increased the prices of school supplies. Nonetheless, on July 12, in a video posted online, U.S. Vice President Kamala Harris announced that the administration will limit childcare costs to 7% of the income of those who receive childcare assistance.

Nonetheless, an article in Yahoo News states that the Congress is yet to approve the budget proposed by the administration of U.S. President Joe Biden. Reports say apart from the childcare costs, the budget also includes an expansion of Pre-K, the voluntary preschool program, for all children in school.

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Struggle Despite Cuts in Childcare Costs

However, according to Gangitano, despite the administration of Biden’s plan to reduce the childcare costs, several low-income and middle-class families may still struggle to fund basic childcare costs. Deloitte’s yearly back-to-school consumer report this year revealed that among the 1,212 parents with at least one child in grades K-12, the childcare costs are expected to amount to $597 per child or a total of almost $31.2 billion.

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