Saturday, November 27, 2021

Free childcare

A single mom with two children working at Walmart for $15 per hour earns $30,000 per year and receives $6,000 in earned income credits plus $6,000 in child tax credits. Walmart provides benefits like healthcare, vacation and pension. The proposed build back better bill includes free childcare for 3 and 4 years olds meaning the mom could go to work when the youngest is 3. That saves $200 per week per child. When the children are five they can go to full time school where they are eligible for free breakfast and lunch. Mom pays no income tax and has a take home pay of $40,000 per year with low cost childcare and food assistance. In addition mom would qualify for benefits from TANF, SNAP and WIC. The only moms who can work are those who have a relative like grandma to take care of the kids. With the addition of childcare many moms without family support for childcare can work outside the home. Another option is to get the dead beat dads to pay the $20,000 for childcare but in today's world in many families the government is the dad.

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