Today, President Barack Obama proposed nearly doubling the Child Care and Dependent Care Tax Credit for lower-income families and adding $1.6 billion to the Child Care and Development Block Grant (CCDBG) program, the National Center on Child Care Resources and Referral Agencies reports.
The report cites a White House release that says the CCDBG budget increase would be “the largest one-year increase in 20 years, to help an additional 235,000 children.”