Month: October 2017

High-Quality Early Learning and Care Supports a Two-Generation Approach -

Families with young children are more likely to live in poverty, and due to their low-income status, these families face barriers that can have a negative impact on their child’s early development. Research shows that meaningful and continuous access to high-quality early learning and care can deliver a 13 percent return on investment, yet the cost of quality care, which can rival the cost of housing, is prohibitive for … Read More

Bipartisan Policy Center Releases Expansive Early Childhood Policy Recommendations -

Children are America’s greatest resource, yet less than half of low-income children have access to high-quality early childhood programs that could dramatically improve their opportunities for a better future. A new report from the Bipartisan Policy Center (BPC) explores how our lawmakers can help support our nation’s youngest learners and working families The BPC’s Early Childhood Initiative, led by former Senator Rick Santorum (R-PA), and former Representative George Miller (D-CA) … Read More

Nobel Prize-Winning Economist Warns Of “Missed Opportunity” If Congress Doesn’t Expand Child & Dependent Care Tax Credit -

Nobel Prize-winning economist James Heckman penned an op-ed this morning in Forbes pushing Congress to use tax reform as an opportunity to maintain and increase the Child and Dependent Care Tax Credit (CDCTC), and make it refundable. The CDCTC is the only tax credit designed specifically to help families with the costs of work-related child care expenses. Read More

This Bipartisan Group of Lawmakers Wants to Strengthen the Child and Dependent Care Tax Credit -

Amid efforts to eliminate the only provision in the tax code specifically created to help families with the cost of child care, a bipartisan group of lawmakers has introduced legislation aimed at strengthening it. Senators Richard Burr (R-NC) and Angus King (I-ME) and Representatives Kevin Yoder (R-KS) and Stephanie Murphy (D-FL) are the sponsors of the Promoting Affordable Childcare for Everyone (PACE) Act, which would expand the Child and Dependent Care … Read More

What They’re Not Saying: The Ivanka-Rubio Plan Cuts Child Care from the Tax Code -

As part of their media tour promoting a tax reform proposal to expand the Child Tax Credit (CTC), Ivanka Trump and the White House, along with Sen. Marco Rubio, are leaving out an important detail from their plan: they want to eliminate the longstanding and widely popular Child and Dependent Care Tax Credit (CDCTC). Of the very few existing tax credits and deductions that support families with young children, only … Read More