Alexandra Byrne is an intern with the NBC News Business and Economy Unit.
Many families have been effectively cutting a second rent check to send their kids to day care, according to new data from the Department of Labor. It’s no secret that child care expenses have put a huge squeeze on households across the U.S., but the federal numbers show just how steep those costs became from one county to the next during the worst inflation in 40 years.
On the campaign trail, however, he offered few specifics to tackle the issue, telling the Economic Club of New York in September that he’d “take care of it” through revenue from tariffs — a likelihood most economists doubt. “As much as child care is talked about as being expensive, it’s relatively speaking not very expensive compared to the kind of numbers we’ll be taking in,” Trump said at the time.
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