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Democrats’ plan may raise childcare costs for some middle-class families
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cnbc.comA package of social reforms Democrats are hashing out on Capitol Hill would pump federal money into the U.S. childcare system, with the aim of improving pay for workers and making care more accessible and affordable for all Americans.
While the program is poised to deliver free or low-cost care for poorer households with young kids, some fear its structure may inadvertently raise costs for many middle-class families, perhaps by thousands of dollars a year.
But that outcome isn't guaranteed. Much depends on how lawmakers ultimately craft the legislation, which is still in flux, and other variables. Higher costs may also be defrayed by budget-saving aspects of Democrats' plan — like a tax cut for families with childcare expenses and free
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