What does tax reform have to do with kids? Surprisingly, a lot. Tax reform is an opportunity to provide a bright future for America’s children. To really help kids succeed, grow the economy and strengthen working families, we must ensure all kids have access to high-quality child care and early learning. However, many families can’t afford these programs. If Congress expands the child care tax credit in the tax reform, more kids will have a chance to succeed.
A bipartisan group of lawmakers – including Senators Richard Burr (R-NC) and Angus King (I-ME) and Representatives Kevin Yoder (R-KS) and Stephanie Murphy (D-FL) – want to expand the child care tax credit and make it refundable for low-wage earners. The PACE Act would strengthen the Child and Dependent Care Tax Credit (CDCTC), which is the only existing tax credit designed specifically to help families with the costs of work-related child care expenses. As tax reform moves forward, we must make sure Congress puts kids and their families first by making it easier for families to afford child care.