100,000 Families Receiving Childcare Subsidies Could Have Lower Costs. Here’s What to Know ...Middle East

Time - News

The Biden Administration announced Thursday a new rule that would reduce childcare costs for more than 100,000 families. The rule makes fixes to the Child Care and Development Fund, which serves an average of 1.3 million children every month, and will mainly help families that are already receiving childcare subsidies while also expanding access to aid for others. The directive comes amid rising childcare costs nationwide. In September, $24 billion in pandemic-era childcare investments under the American Rescue Plan ended, which advocates warned would increase the financial burden on both providers and families. In New York City, 80% of families cannot afford care for a single

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