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The Online NewsHour asks:
Can the government really give parents enough give parents enough credits/financial aid to stay at home with thier children? The current tax credit proposed by the Republicans seems to be the only a symbolic gesture that poorer families could not take advantage of.
Sen. Patty Murray responds:
No, I fully acknowledge that tax credits alone will not cover the full cost of a parent staying at home. But I hope that at least the Senate Democratic proposal, which includes refundable tax credits, offers a more viable alternative, especially for lower income parents. This bill, the Child Care ACCESS Act (Affordable Child Care for Early Success and Security) was introduced today by Senator Chris Dodd from Connecticut. I am an original cosponsor of this bill. It includes tax incentives for stay at home parents, a refundable tax credit to benefit lower-income families, and many other provisions to improve the quality, accessibility, and affordability of child care.
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