Trump: Child Care https://assets.donaldjtrump.c
Post# of 50574
[url=] Rewriting the tax code to allow working parents to deduct from their income taxes child care expenses for up to four children and elderly dependents.[/url]
Allow parents to enroll in tax-free dependent care savings accounts for their children or elderly relatives.
Provide low-income households an Expanded Earned Income Tax Credit – in the form a Childcare rebate – and a matching $500 contribution for their savings accounts.
Creating a new, dynamic market for family-based and community-based solutions.
Incentivizing employers to provide childcare at the workplace.
Provide 6 weeks of paid leave to new mothers before returning to work.
KEY ISSUES
Over the past 40 years, the labor force participation of women with children under 18 has grown from 47 percent in 1975 to 70 percent today. [1975: Families and Work, 2015: Department of Labor]
Raising a child is now the single greatest expense for most American families—even exceeding the cost of housing in much of the country. [National Affairs, Winter, 2015]
Almost two-thirds (64 percent) of mothers with children under 6 are working outside of the home [Bureau of Labor Statistics]
Today’s workforce includes 73.5 million women representing 47 percent of the entire US labor force. [Department of Labor]
Over 24 million of those women have children under age 18; almost 10 million of them have children under age 6. [Bureau of Labor Statistics]
Women are the primary breadwinners in 40 percent of American households with children under the age of 18, but hold 62 percent of minimum wage jobs. [Pew Social Trends; National Affairs Winter, 2015]
CONTRAST WITH HILLARY CLINTON
Hillary Clinton has not proposed any specific solutions for childcare.