“At the end of February, President Joe Biden’s administration announced it was going to require every state to cap its co-payments so that families that receive subsidies pay no more than seven percent of their income towards child care. That’ll make a big difference in places like New Hampshire, West Virginia and Ohio, where those costs are eating up 18 to 27 percent of families’ budgets. Though the new rule doesn’t apply to the thousands of other families whose incomes are too high for a subsidy but are also paying exorbitant costs, it does address the acute need among the lowest-income families, most of whom are families of color. More than 100,000 families are expected to benefit.” |