New Analysis Finds Build Back Better Act Could Save Typical Minnesota Family Thousands of Dollars in Child Care Costs Every Year

October 8, 2021
Press Release

WASHINGTON, D.C. — According to a new analysis released by the House Committee on Education and Labor, the Build Back Better Act could save Minnesota families thousands of dollars in child care costs each year.  The Committee’s report found that the typical Minnesota family of four with one infant in full-time center-based child care would save $13,990 each year. The typical Minnesota family of four with one infant and one child in full-time center-based child care would save $26,440 each year.

“Unaffordable childcare can stunt development of our young people and prevent parents from returning to the labor market – effectively slowing our economic recovery,” said Representative Angie Craig. “The Build Back Better Act will help us to provide equitable access to childcare and early childhood education, which will not only empower families to succeed, but also, propel our future generations forward and grow our economy.”

Under the Build Back Better Act, no family would pay more than 7 percent of their income on child care. Families making 100 percent of the State Median Income or less – which is $108,713 for a family of four in Minnesota – would pay no more than 2 percent of their income on child care, regardless of the number of children they have in child care. The legislation’s child care investments, which the House Education and Labor Committee advanced in September, would give families greater financial security, allow more parents to rejoin the workforce, and help grow the economy.

For the full state-by-state analysis, click here.

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