Confronting the U.S. child care crisis
For some American families, the cost of child care is more than their mortgage. CBS MoneyWatch reporter Megan Cerullo joins CBSN's Tanya Rivero to break down the story.
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For some American families, the cost of child care is more than their mortgage. CBS MoneyWatch reporter Megan Cerullo joins CBSN's Tanya Rivero to break down the story.
Black women and Americans who are not college-educated are struggling most to get back to work after the pandemic recession. Michelle Holder, the president of the Washington Center for Equitable Growth and an associate professor of economics at John Jay College, joins CBSN's Lana Zak with more.
House Democrats delayed a vote on the bipartisan infrastructure deal for a second time, as progressive and moderate Democrats continue negotiating the larger bill. That multi-trillion dollar proposal focuses on addressing climate change and several social programs. Jennifer Shutt, budget and appropriations reporter for CQ Roll Call, joined CBSN with the latest on Capitol Hill.
The high cost of child care and worker shortages are causing problems for American families and the U.S. economy. CBS MoneyWatch reporter Megan Cerullo joins CBSN's Tanya Rivero with more on the story.
The rising cost of child care has made it unaffordable for many families. Nationwide, the average cost of care per child is $10,000 per year. Nancy Cordes takes a look.
A new treasury report found many American families are struggling to pay for child care and called the current system in the U.S. "unworkable." On Wednesday, Vice President Kamala Harris and Treasury Secretary Janet Yellen pushed for investments in affordable child care, calling it critical to U.S. growth. CBS News reporter Sarah Ewall-Wice joins CBSN's Lana Zak with more on the impact this is having on families and care providers.
The report comes as congressional Democrats negotiate over the $3.5 trillion reconciliation package, which includes $450 billion for child care and universal preschool.
As many Americans get ready to head back to the office, some working parents are wondering who will watch their kids who have been with them while they worked from home during the pandemic. Adriana Diaz found one e-commerce company with a creative solution: make every day "take your child to work day."
Democrats push for payments to extend beyond 2021 as the first checks hit bank accounts July 15
Some franchises will start a "backup care" pilot program for child and elderly care.
Millions of eligible families will receive the first in a series of monthly payments of the expanded Child Tax Credit this week, which could help parents and guardians struggling to pay for child care. Richard Weissman, CEO and founder of The Learning Experience, joined CBSN to discuss why child care is so crucial to the nation's economic recovery.
President Biden visited Crystal Lake, Illinois, and pushed for action on his education and child care priorities, as part of what the White House calls the "American Families Plan." Watch Mr. Biden's speech.
During a visit to Crystal Lake, Illinois, on Wednesday, President Biden pitched his plans to increase spending on "human infrastructure," like child care and education. CBS News senior White House correspondent Weijia Jiang, The Washington Post's political correspondent Philip Bump, and Insider politics reporter Oma Seddiq join CBSN's "Red & Blue" with more on why Mr. Biden appears to be focusing on districts where Democrats are vulnerable, and how the White House is preparing to respond to the recent spate of Russia-based cyberattacks.
Mr. Biden toured McHenry County College and spoke about his plans for child care, health care and education.
Shortly after President Biden announced Democrats and Republicans reached a compromise on a bipartisan infrastructure package, the deal is in doubt. Republicans are upset over Democrats' plans to push through a separate bill addressing issues like child care and climate change. Politico associate editor and White House correspondent Anita Kumar joined CBSN with the latest on where negotiations stand.
The IRS is sending out letters to taxpayers who may be eligible based on information it has from tax returns and distributing stimulus checks, among other measures.
Virginia voters will head to the polls Tuesday to choose the Democratic nominee in the state's gubernatorial primary. State Senator Jennifer McClellan, one of the candidates, joins CBSN AM to talk about her ideas.
President Biden announced the start of a National Month of Action as he pushes to get at least one COVID-19 vaccine dose into the arms of 70% of U.S. adults. CBS News reporter Alex Tin joins CBSN's "Red & Blue" host Elaine Quijano to discuss the impact of the incentives.
Revoking a controversial business tax break would free up $5 billion for child care, according to the bipartisan effort.
President Biden addressed efforts to bolster the economy, including sending more that $350 billion to states and localities, helping families with child care and pushing back on Republican legislators' efforts to end enhanced unemployment insurance, among other steps. Watch the president speak from the White House on Monday.
Commerce Secretary Gina Raimondo says a less-than-stellar jobs report shows the U.S. has "a long way to go to recover from the pandemic."
Many companies are reopening their offices as vaccination rates climb and coronavirus cases drop nationwide. But parents who want to go back to work face a new problem: a childcare shortage. CBSN's Lana Zak spoke with ProPublica reporter Lizzie Presser about the nationwide childcare crisis that could impact the nation's economic recovery.
President Biden's latest economic recovery proposal, the American Families Plan, would invest nearly $2 trillion dollars in education and child care, but some economists worry massive government spending could heat up the economy too quickly, causing inflation to soar. Washington Post economics correspondent Heather Long joins CBSN's "Red & Blue" anchor Elaine Quijano with the details.
Massachusetts Senator Elizabeth Warren joins "CBS This Morning" to talk about her new book "Persist," her plans to take on the urgent issues of child care and student debt, and the battle over infrastructure funding in Washington, D.C.
Parents are struggling to find and pay for childcare, a situation exacerbated by the pandemic.