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House Democrats propose child care tax credit expansion

House Democrats propose child care tax credit expansion
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Neal unveils economic package to boost support for families

U.S. Rep. Richard E. Neal has introduced a new package that would provide universal paid family and medical leave, guaranteed access to child care and permanently extend worker and family-related refundable tax credits from the American Rescue Plan.
Neal, D-Springfield and chairman of the House Ways and Means Committee, called the Building an Economy for Families Act an investment in our future that we simply cannot afford to pass up.
âOur economy is premised on the idea that some workers are worthy of âperksâ, like paid leave or affordable child care that works for their schedules, while the majority are forced to fend for themselves, Neal said Tuesday in a news release. For our economy to fully recover from this pandemic, we must finally acknowledge that workers have families, and caregiving responsibilities are real. ....

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U.S. Senators plan to introduce bill to help close gap in child care

U.S. Senators plan to introduce bill to help close gap in child care
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ECEC Applauds Passage of the American Rescue Plan

ECEC Applauds Passage of the American Rescue Plan
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WASHINGTON, March 12, 2021 /PRNewswire/ Yesterday, President Biden signed the American Rescue Plan Act of 2021 (ARPA) into law. ARPA is a sweeping COVID-19 pandemic relief package providing over $42 billion in direct relief funds to the child care industry, including $24 billion to stand up a child care stabilization fund, $15 billion through the Child Care and Development Block Grant (CCDBG) program and $3.5 billion in mandatory funding through the Child Care Entitlement to the States. In addition to direct relief, the package also includes $1 billion for Head Start programs and robust one-year expansions of three critical tax relief programs the Child Tax Credit, the Child and Dependent Care Tax Credit, and Dependent Care FSAs. ....

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Congress passes, and the President signs, a sweeping $1.9 trillion COVID-19 relief package | Hogan Lovells

Congress passes, and the President signs, a sweeping $1.9 trillion COVID-19 relief package | Hogan Lovells
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