New: Bipartisan Bill to Strengthen Child Care Tax Incentives Introduced The New PACE Act: Today, U.S. House Reps.
Chavez-DeRemer, colleagues introduce bill to address child care workforce shortage WASHINGTON (KTVZ) – Rep. Lori Chavez-DeRemer (OR-05) joined Reps. Annie Kuster (NH-02), Suzanne Bonamici (OR-01), and Mike Lawler (NY-17) to introduce bipartisan legislation Wednesday that aims to address the child care workforce shortage.
Parents Would Get Up to $8,000 Under New Democratic Bill In a move to support American families grappling with the surging costs of child care, Democratic Senators Bob Casey, Patty Murray and Ron Wyden have introduced the Child and Dependent Care Tax Credit Enhancement Act of 2024.
One thing that Republicans and Democrats agree on about the economy? The cost of raising kids. Eighty-four percent of respondents agreed that “being a parent today is financially harder than ever before,” according to a recent survey published by Common Sense Media, a children’s-advocacy group. There was “intense” agreement on that statement even across party lines, the survey said.
Childcare costs far outpace wages, but dependent care tax credit stuck at 2001 rate The U.S. House of Representatives voted overwhelmingly Wednesday evening to assist low-income families through an expansion of the child tax credit and the bill now awaits approval in the Senate.
Employers are desperate to hold onto working parents and they’re building more childcare centers in the office The U.S. is in the midst of an ongoing childcare crisis as costs continue to skyrocket. Many working parents, especially mothers, face pressure to leave the workforce or scale back to part-time positions to take care of their family.
IN CONTEXT: Child Care Costs Surpass Other Major Family Expenses We’ve all heard that families with young children in the United States today are struggling to afford child care. Now we know just how tough it really is. According to a new report from Care.
How Campaign Funding For Childcare Is Helping More Parents Than Ever Run For Office As the drumbeat for more funding for childcare increases across the public and private sectors, a new report sheds light on how crucial this funding can be in getting a more representative government.
Recent Revenues Coming in Below Governor's Budget Projections Administration Projects Personal Income Tax (PIT) Revenue to Increase 12 Percent in Current Year. The 2024-25 Governor's budget projects that PIT revenue will grow 12 percent this year, from $101.7 billion in 2022-23 to $113.8 billion in 2023-24.