The approaching end of the 2023 fiscal years means American Rescue Plan funding for child care will also be cutting off, jeopardizing the care of millions of kids.
Ashleigh Proctor and Josephine Kalipeni, executive director of Family Values at Work, join 'FOX & Friends' to discuss the impact of high child care costs on families as federal funding is set to expire Saturday.that, for many, are the only things keeping child care affordable.One key area in which U.S. families could see the most immediate effect is child care.
President Biden speaks in the Rose Garden of the White House in Washington during an event to highlight the American Rescue Plan funding. According to research by the Century Foundation, the approaching end of the American Rescue Plan funding could affect the"More than 70,000 child care programs—one-third of those supported by American Rescue Plan stabilization funding—will likely close, and approximately 3.2 million children could lose their child care spots."
The reported added,"The loss in tax and business revenue will likely cost states $10.6 billion in economic activity per year."While other sectors have bounced back, childcare services remain understaffed and prohibitively expensive for"The reality is the child care industry was already suffering before the pandemic. It was already under-invested in.
Josie Kalipeni of Family Values at Work speaks at a press conference supporting investments in home care, childcare, paid leave and expanded CTC payments in front of the Capitol Building in Washington, D.C.
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