Washington, D.C. – Kris Perry, Executive Director of the First Five Years Fund (FFYF), released the following statement after the Trump Administration announced details of its tax proposal that includes efforts to address the high cost of child care:
“We are pleased that the administration is drawing attention to the importance of making early learning and care more affordable. A strong, bipartisan child care tax plan should make the tax code more inclusive of early learning, expand the size of existing credits, and make the credits refundable for low-income families. We are heartened by reports that indicate a shift in this direction by the administration.
“We will continue working with Members of Congress and the administration on bipartisan efforts to expand early learning access and quality through tax reform and more.”
Currently, the tax code provides few incentives to offset the cost of high-quality early childhood education expenses. With tax reform on the horizon, FFYF recently released its “Tax Proposals That Support Working Families” to outline bipartisan solutions for expanding access to high-quality early learning and care through tax reform and continued federal investment.
While tax reform is one tool for improving access to high-quality early childhood education, we must continue investing in high-quality, evidence based federal programs like Head Start and the Child Care Development Block Grants program to support children’s healthy development and school readiness.
FFYF is a bipartisan organization that provides deep knowledge and resources to advocate for proven investments in federal policies that support the first five years of a child’s life. To learn more about FFYF visit http://www.ffyf.org.