Elizabeth Warren’s plan for universal child care is pretty impressive.

By |2019-02-20T08:21:58-08:00February 21st, 2019|Categories: News|Tags: , , , , |6 Comments

This is something that is definitely in my wheelhouse. 

Courtesy of Bloomberg:

Democratic presidential candidate Elizabeth Warren proposed a universal child care plan that would limit American families’ expenses to 7 percent of income regardless of how many children they have in care — paid for by a tax on the ultra-wealthy.

The Massachusetts senator’s plan, unveiled Tuesday on Medium.com, would make child care free for families with incomes below 200 percent of the poverty level, or less than $51,500 for a family of four. Other families would pay up to 7 percent of income, depending on how much they earn.

The proposal marks the latest policy entry into a 2020 contest that features scores of progressive Democrats competing over how best to mitigate income inequality and expand the economic safety net for working families. Americans pay nearly as much for child care as they do for rent, with the average cost of child care in the U.S. approaching $1,400 a month, according to a 2018 HotPads analysis of a Care.com state and metro area pricing index.

Warren’s plan would cost taxpayers $70 billion per year, according to an analysis by Moody’s Analytics economists Mark Zandi and Sophia Koropeckyj. It would be paid for with some of the revenue from an annual wealth tax Warren has proposed on assets above $50 million, the person said.

The proposal would “substantially increase the number of children able to receive formal child care” from 6.8 million (or one-third of those under 5 years old) to 12 million (or 60 percent of children under 5), the economists said. It would cut formal care costs for families with young children by about 17 percent.

I spent a lot of my life working with young children, as a preschool teacher, an after-school program director, a camp counselor, and a gymnastics coach. 

I also had to deal with filling out Day Care Assistance forms, which is an Alaskan program that helps working parents afford childcare. 

There were a lot of people who simply could not have provided care for their children without that assistance, and I know a number of people who also worked more than one job to make ends meet. 

Childcare is expensive, and good childcare is even more expensive. 

But let me just say that the people running and staffing those programs are certainly not getting paid what they are worth either. 

There has long been a need for a complete overhaul of our childcare system on the federal level, and I for one welcome Elizabeth Warren’s proposal. 

About the Author:

This blog is dedicated to finding the truth, exposing the lies, and holding our politicians and leaders accountable when they fall far short of the promises that they have made to both my fellow Alaskans and the American people.

6 Comments

  1. Anonymous February 21, 2019 at 5:18 am

    We also need to be responsible in child bearing. I’m ok with limiting us to three kids.

    • anon February 21, 2019 at 8:05 am

      One child.

      Heard of global warming?

  2. White Rabbit February 21, 2019 at 10:44 am

    Warren is the real deal. Her policies are where I Hope Democrat’s will be. Made a mistake on the Native American thing, but some seem to be getting past it. And with her in the race there’s no need for Bernie. I’m with her.

  3. CorningNY February 21, 2019 at 11:43 am

    Totally agree. So many parents (mostly women) stay home because decent child care is completely out of their budget. That contributes to the gender wage gap. And child care workers definitely don’t get paid enough. I was making $21K a year working full-time at a day care center. Luckily, I had paid my small mortgage off or I couldn’t have done it, even though the hours were such that I didn’t need to pay for child care myself.

  4. PoopTown February 21, 2019 at 5:04 pm

    I’m a progressive but not at all for this sort of subsidy. Birth control is very available and very affordable and in my opinion reproduction should be carefully planned and only engaged in if ones financial circumstances are compatible to being able to care for an infant and provide for both its childhood and post-secondary education.

    Reproduction is not really a “right” that should be subsidized by the government.

  5. Anonymous February 22, 2019 at 12:18 am

    I know I will be blasted for this one and i have no problem with universal healthcare but where are some tax breaks for single people with no children? Heck where is the family cellphone plan for singles?

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