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In most states, child care costs more than in-state college tuition. That puts the cost of child care out of reach for too many families. Moms and dads shouldn't have to decide between keeping their jobs and keeping their kids in a safe, nurturing child care environment.
A bill in the U.S. Senate called the Promoting Affordable Childcare for Everyone (PACE | S. 208) Act would help make child care more affordable for working families by updating the tax code to reflect today's realities.
The PACE Act would update parts of the tax code that help make child care more affordable for working families. It would increase the Child and Dependent Care Tax Credit and make it fully refundable for low-income families.
Please urge your senators to make child care more affordable by cosponsoring the PACE Act today!
I am writing to urge you to cosponsor the Promoting Affordable Childcare for Everyone (PACE) Act (S. 208).
I am deeply concerned about the lack of affordable child care for families in our country. Child care costs have risen so much that it's now less expensive to pay for in-state college tuition than child care. That puts quality care out of reach of low- and middle-income families.
The PACE Act would help address this issue by updating the Child and Dependent Care Tax Credit (CDCTC) and Dependent Care Flexible Spending Accounts (FSA). Neither of these programs have kept up with inflation while the cost of child care continues to rise. The PACE Act would require annual inflation updates for these two programs. It would also make the CDCTC fully refundable to reach low-income families. And, it would increase the amount of pre-tax dollars families can put into their FSA.
Affordable child care promotes work and helps kids participate in a quality early learning environment so they succeed in school. Its a win-win!
Please show your support for affordable child care by cosponsoring the PACE Act today.
I look forward to your response.