The bill, titled the "Child Care Availability and Affordability Act," proposes amendments to the Internal Revenue Code to make child care more affordable for working parents. It increases the employer-provided child care credit from 25% to 50% and raises the maximum credit amount from...
Simple Explanation
The Child Care Availability and Affordability Act is a plan to help parents have more money for child care by giving bigger tax breaks to businesses that help with child care and making it less expensive for families to pay for someone to take care of their kids while they work.