Friday, February 22, 2019

Childcare

Senator Warren has proposed free childcare for people whose income is less than 200% of the poverty level. A family of four would qualify if their income is less than $51,000. The average cost for childcare is $200 per week per child so this family would receive $21,000 per year to pay for their childcare. The hidden unintended consequence would be how fast the cost of childcare would rise. Remember what happened to tuition when the government started sponsoring student loans.

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