Curbing the cost of child care

“Who knew that today’s parents would need a trust fund to pay for child care, let alone college? In 39 states, the cost of one year’s worth of infant day care exceeds the cost of one year’s tuition at a four-year public university,” say House Representatives Allyson Schwartz and Michael McMahon in a column for Roll Call today.

Schwartz and McMahon are introducing new legislation that could dramatically increase the tax break parents get for child care. As they note, tax change would recognize the reality of the modern family, where two career households are the norm. It’s vital support for families, and with the economic outlook the way it is, support can’t come soon enough.