mother and child

The House recently passed two bills that would provide a combined $100 billion in direct child care funding over the next 5 years, but it’s unclear if either will pass the Republican-led Senate.
Without a bailout, experts say up to 40% of childcare centers will close for good.
Couples who can’t afford to hire a full-time babysitter will have to answer a difficult question: Who sidelines their career to care for the kids?
Multiple economists say that in heterosexual couples, it will be women who leave the workforce, for two reasons: They make less money than men on average, and secondly, they are already more likely to be the one who cares more for the kids.
Those who choose to stay in the workforce will likely prioritize flexibility over career growth, further widening the gender wage gap.
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Affordable and accessible childcare — the underpinning of a functioning US economy that allows parents to work — is hanging by a thread.

On Wednesday, The House passed two bills, the Child Care is Essential Act and the Child Care for Economic Recovery Act. They would provide a combined $100 billion in direct child care funding over the next five years, including $50 billion in immediate pandemic relief.

But it remains to be seen if the Republican-led Senate will pass the legislation. Except for the $2 trillion stimulus package passed in March, the Senate and House have not agreed on spending priorities during the pandemic.

Because of the pandemic, a whopping 40% of childcare providers expect to close permanently unless they get additional public assistance soon, according to a recent survey by the National Association for the Education of Young Children of more than 5,000 childcare providers. Without a bailout, …read more

Source:: Business Insider

      

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