How millions could save money in child care

Newsweek -   Millions of American families could save more than $1,300 per month on child care under a long-running proposal championed by Senator Elizabeth Warren ahead of the 2028 presidential race.

Warren is urging Democrats to make universal child care a core campaign promise, arguing the cost burden on families has reached a breaking point and could define the party’s economic message moving forward.

“It would be political malpractice for Democrats not to be talking about child care every chance we get going into the midterms and beyond,” Warren said, per her prepared remarks for a speech at the CAP IDEAS Conference on Tuesday.

A universal system could increase workforce participation and reduce financial stress while boosting overall household income. However, it would also require one of the largest expansions of federal social spending in decades.

In a speech tied to the CAP IDEAS Conference, Warren is calling for universal access to affordable or subsidized child care and legislation ready to pass on day one if Democrats win control in 2028.

“When I look at the upcoming Democratic presidential primary, every 2028 candidate who understands what’s happening in this country, who wants to win, and who will govern effectively to deliver for families, will make universal child care a core piece of their agenda,” Warren wrote.