Republicans’ relief plan includes $15 billion bailout of the child-care industry—but it falls short of what’s needed, advocates say
By Megan Leonhardt
(EXCERPT)
The child-care industry will need $9.6 billion a month in federal assistance to prevent providers from being forced to permanently shut down, according to an analysis by the Center for Law and Social Policy and the National Women’s Law Center. If providers don’t receive adequate support, the Center for American Progress estimates nearly 4.5 million child-care slots, or about half of the country’s capacity, could be lost.
Read the full article here.
Source URL: https://www.cnbc.com/2020/07/28/republicans-15-billion-bailout-of-child-care-industry-falls-short.html