Overview

• Vice President Kamala Harris announced a policy to cap family child care expenses at 7% of household income.
• Harris emphasized the need for affordable child care during a live interview with the National Association of Black Journalists in Philadelphia.
• The 7% cap could significantly reduce child care costs, which currently range from 8% to 19.3% of median family income.
• The proposal is part of a broader family support agenda, including a $6,000 tax credit for families with newborns and expanded child tax credits.
• Critics argue that the plan lacks sufficient funding details and may not address the diverse needs of modern families.