Treasury Dept. Report Highlights Market Failures in America’s Child Care System and How Build Back Better Can Help

The Department of Treasury released the Economics of Child Care Supply, a report analyzing America’s existing child care system that demonstrates how the private, market-based system fails to meet the needs of many families. Under the current system, parents are unable to afford high child care costs, providers operate on razor-thin margins maintaining slim profits, and child care workers earn low wages and have high turnover.

This source was brought to you by The First Five Years Fund.

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Published by Hannah Guevara on September 24, 2021   

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