The child-care industry is on the brink of collapse. Congress must rescue it.
By Editorial Board
Democrats and Republicans in Congress both have introduced measures that would help stabilize the industry. The Democratic-backed Child Care Is Essential Act would provide $50 billion in funding to child-care centers through the Child Care and Development Block Grant (CCDBG), which provides federal funding to states to subsidize child care for working families. The Republican-backed measure would fund child-care providers through the CCDBG for up to nine months. Experts estimate that the child-care industry needs $9.6 billion a month to stay afloat, much more than the $3.5 billion the industry received in spring’s coronavirus legislation.
Read the full article here.