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Child Care Providers Get Billions in Covid-19 Relief Law

Wall Street Journal

The coronavirus relief law signed by President Biden last week pours nearly $50 billion into child care in a bid to keep struggling daycare centers from closing just as the people who rely on them return to work. 

Child-care providers will get about $40 billion for operating expenses and tuition assistance for the children of essential workers, and families will get roughly $8 billion from a temporary expansion of tax breaks subsidizing dependent care. 

The child-care assistance is smaller and less attention-grabbing than $1,400-per-person stimulus checks or the expanded child tax credit worth more than $100 billion to families. 

But the law, in addition to $10 billion in assistance from December legislation, represents the largest one-time U.S. investment in child care, said Mario Cardona, chief of policy and practice at Child Care Aware of America, an advocacy group. 

“It’s largely been uncontroversial,” he said. “Some things were targeted for complete elimination or reduction. Child care wasn’t one of those things.” 

Read the full article.

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