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Tell us your experience with childcare. i would echo a lot of what the people in the video just quoted as well. it s certainly the highest portion of our monthly income goes towards childcare expenses. we ve seen some of the increases certainly. and yeah, have to be really smart about our finances and budget and cut back in areas that we wish we could do more things but our budget simply doesn t allow it right now. dana: you probably have to make some tough choices overall in terms of what you are spending. also do you have enough options for daycare? are you satisfied with the opportunity that you have there? well, yeah. there is a very high demand. i mentioned to people in the past our 18-month-old has been at four different providers and she is only 18 months old because we didn t have long-term ....
This one. we have tom fme foreman here to explain. testimony us what programs are set to expire? reporter: there may be nothing in the news today that could affect you and your community more than this news. this is fallout of the pandemic still. look at all these programs that are now going to end this fall. student loan payments are going to restart, pandemic-era funding for childcare expenses, massive expense for many people. those are going to end. work requirements for food stamps will restart, and states continue to remove people from medicaid rolls who are no longer eligible. this is the bashwash of saying we re past the pandemic, many things are changed, the white house has many plans to try to offset some of this. but nonetheless, the changes are coming. could affect a lot of people. as people are looking to not see that help with childcare, there are a lot of providers who are actually going to be increasing the costs. so there s like a double high edged sword there. ho ....
Affordable our nbc news reporters are following all the latest developments and i want to start with cnbc s senior white house correspondent. kayla, we are going to hear from the president any minute now he wants to make childcare cheaper. how s he going to do it? well, chris, president biden signed and executive order that essentially is directing cabinet agencies to identify programs and existing funds that they can channel toward the purpose of making childcare cheaper or more readily available. the range of directives he s giving these agencies is quite broad. they range from for instance asking the department of health and human services to pay head start instructors more those are generally lower paid than other teachers. asking the department of labor to publish a standard employment contract for childcare providers so that they can ask for more in the workplace. and also identifying grant programs that can be used to cover or off set childcare expenses for workers who are ....
The people actually are. the vast majority people i think have so much more in common han than what separates them and they want us to lead in a way that is reflective of their their daily needs and their priorities. so, for example, supporting parents with a tax cut. for childcare expenses, which we have aen as administration. extending the child tax as we it, in the first year, we brought down child poverty by almost half doing the work of saying we are going to focus on an issue like maternal mortality because black women, native women, are almost dwaully impacted in terms of disparities of outcomes. i want ask to you about the economy. yeah. there is a lot of anxiety about the economy. ....