{"id":2019108,"date":"2023-09-01T09:04:02","date_gmt":"2023-09-01T13:04:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-child-care-investment-looming-over-administration-as-funding-set-to-expire\/"},"modified":"2023-09-01T09:05:39","modified_gmt":"2023-09-01T13:05:39","slug":"biden-child-care-investment-looming-over-administration-as-funding-set-to-expire","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-child-care-investment-looming-over-administration-as-funding-set-to-expire\/","title":{"rendered":"Biden&#8217;s child care investment poses a threat as funding nears expiration."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-child-care-investment-looming-over-administration-as-funding-set-to-expire%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2019108&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>A Pandemic-Era Child Care Investment Set to Run Out, \u2062Threatening Preschools and Day Care \u2062Facilities<\/h2>\n<p>A $24\u200b billion investment\u200b from\u2062 President Joe Biden&#8217;s \u2064American Rescue Plan (ARP)\u2064 has provided much-needed \u200cstability to the child care industry \u2064during the pandemic.\u200b However, this investment is\u2064 expected to run out this month, \u2062posing a significant threat to the sector and the \u2063economic recovery.<\/p>\n<p>Once the ARP funding is depleted, the ability\u2062 of \u2063preschools \u200cand day\u2064 care \u2062facilities to operate\u200b at the\u2064 same level will be severely impacted. This could force many parents who returned to work after the peak of COVID-19 to\u2063 leave their jobs due to the lack\u200b of available or <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-child-care-investment-looming-over-administration-as-funding-set-to-expire\/\" title=\"Biden's child care investment poses a threat as funding nears expiration.\">affordable child care \u200boptions<\/a>.<\/p>\n<h3>Impending Collapse of the\u200b Child Care Sector<\/h3>\n<p>The depletion of the ARP investment is predicted to lead to the collapse of a large portion \u200cof the child care\u2063 sector.\u2062 The Century Foundation estimates that over 70,000 child care programs will be forced \u2062to close\u200d their doors on\u200b September 30. This closure puts approximately 3.2 million children at risk\u2063 of \u200dlosing their\u2064 spots at these facilities.<\/p>\n<p>The economic consequences of this collapse are significant. Families are\u200c expected to face losses of $9 billion in total annual earnings, as parents are\u200c forced to leave their jobs or reduce their working\u200d hours.\u200d Additionally, an estimated 232,000 people\u200c who\u200c work within the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-chief-economic-advisor-wont-counter-bidens-false-claim-of-19-million-jobs-from-bill\/\" title=\"Biden\u2019s Chief Economic Advisor Won\u2019t Counter Biden\u2019s False Claim Of 19 Million Jobs From Bill\">child care system<\/a> will\u2063 become\u2064 unemployed.<\/p>\n<p>States will also suffer financially,\u2063 with an estimated loss of $10.6 billion in tax and\u200b business revenue each year following the end of the investment.<\/p>\n<h3>Unaddressed Child\u200b Care Crisis<\/h3>\n<p>The White House has not indicated a prioritization of replenishing the child care \u200cfund in\u2064 the ongoing spending battle \u200din Congress. This lack of action raises concerns about \u200bthe\u2063 future of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-friendly-economist-bigger-benefit-checks-mean-fewer-workers\/\" title=\"Biden-Friendly Economist: Bigger Benefit Checks Mean Fewer Workers\">child care services<\/a> and the impact on families and the economy.<\/p>\n<p>Furthermore, the cost of child care services has already risen by 6% in the past year, while inflation \u2063has\u200b fallen. With the depletion of the\u200c ARP\u200d investment, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dems-propose-massive-tax-cut-for-rich-in-budget-deal\/\" title=\"Dems Propose Massive Tax Cut for Rich in Budget Deal\">child care costs<\/a> are expected to continue to climb, \u200dmaking it even more unaffordable\u200d for many families.<\/p>\n<p>Experts warn of significant economic effects if no \u200ccongressional \u2062or executive action is taken to address the \u200cabrupt end of federal payments from the ARP&#8217;s investment. Whitney \u200bPesek, director of \u200dfederal child care policy at the \u200dNational \u2064Women\u2019s Law Center, highlights the potential impact \u200con the 2024 election, stating, \u2062&#8221;Child care prices are going to\u200c be going up heading into the 2024 election, when\u200b everyone\u2019s running on the\u2062 economy.&#8221;<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/\">Click here<\/a> \u2064to read more from The Washington\u2064 Examiner.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>capacity will be severely compromised, potentially leading to closures and job losses. This could have a detrimental impact on working parents, hindering their ability to return to work and slowing down the overall economic rebound. Urgent action is needed to secure sustainable funding and support for child care services.<\/p>\n","protected":false},"author":1,"featured_media":2019109,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2019108","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2019108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2019108"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2019108\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2019109"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2019108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2019108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2019108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}