February 19, 2019

New York Times: Elizabeth Warren Proposes Universal Child Care

Elizabeth Warren’s plan, the Universal Child Care and Early Learning Act, would create a network of government-funded care centers based partly on the existing Head Start network, with employees paid comparably to public-school teachers. Families earning less than 200 percent of the federal poverty level would be able to send their children to these centers for free. Families earning more than that would be charged on a sliding scale, up to a maximum of 7 percent of their income.

The plan would be funded by Ms. Warren’s proposed wealth tax on households with more than $50 million in assets.

Read the full story here.

Source: New York Times