U.S. Childcare Costs Are Crippling. Here's How Biden Plans to Help

Maurie Backman, The Motley Fool
·4-min read
U.S. Childcare Costs Are Crippling. Here's How Biden Plans to Help

Thankfully, President-elect Joe Biden recognizes the hardship faced by a lot of families with young children. As part of his recently revealed $1.9 trillion coronavirus relief package, Biden wants to help make childcare more affordable. Biden is also pushing for an expansion of the Child Tax Credit, which is currently worth up to $2,000 per child under the age of 17.