Treasury Report Highlights Child Care Difficulties For Parents

Child Care Cbs Screenshot

A new Treasury Department report calls the current child care system unworkable.

Nationwide, the average cost of care per child is $10,000 per year.

That’s more than the cost of in-state college tuition in 32 states, according to the organization Child Care Aware.

In addition to the cost of care, nearly one third of parents say they are unable to find child care in their area.

The $3.5 trillion Democratic spending bill being debated in Congress would enable families of young children to spend no more than 7% of their income on child care. It would also fund universal Pre-K for three- and four-year-old and raise the pay for child care providers.

Republicans and some moderate Democrats argue that the price tag is too high and want to find other ways to address the issue.