| - – - – - NEWS FROM BARBARA BOXER, UNITED STATES SENATOR FROM CALIFORNIA – - – - - |
Dear Friend:
Recently, President Obama and Vice President Biden held a Middle Class Task Force meeting to consider initiatives to help middle class families during these difficult economic times. I was encouraged that one of President Obama’s initiatives was to help middle-class parents afford child care by nearly doubling the federal child care tax credit for families earning less than $85,000 and increasing it for all families making less than $115,000.
The President’s proposal would increase the federal child care tax credit, providing much-needed tax relief for working families. This is particularly important in this tough economy, where child care costs are rising twice as fast as household incomes.
The President’s proposal is similar to the Right Start Child Care and Education Act, S. 210, which I introduced with Senator Kirsten Gillibrand (D-NY). Our legislation would increase the child care tax credit for working families.
Sincerely,
Barbara Boxer
United States Senator
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