U.S. Childcare Costs Are Crippling. Here's How Biden Plans to Help

Maurie Backman, The Motley Fool
·4 min read
U.S. Childcare Costs Are Crippling. Here's How Biden Plans to Help

Thankfully, President-elect Joe Biden recognizes the hardship faced by a lot of families with young children. As part of his recently revealed $1.9 trillion coronavirus relief package, Biden wants to help make childcare more affordable. Biden is also pushing for an expansion of the Child Tax Credit, which is currently worth up to $2,000 per child under the age of 17.