Biden To Unveil Plans For Universal child Care And In-Home Elder Care

Julie Zheng

Biden pledged to invest $775 billion in universal child care and in-home elder care.

Former Vice President Joe Biden announced Tuesday the “21st Century Caregiving and Education Workforce,” in New Castle, Delaware, a $775 billion plan aiming to expand child care and care options for elderly and disabled people, according to CNBC.

  • The plan “will be paid for by rolling back unproductive and unequal tax breaks for real estate investors with incomes over $400,000 and taking steps to increase tax compliance for high-income earners,” according to the initial outline.
  • The plan is focusing on bolstering child care for kids up to five years old, including “sliding-scale subsidies and tax credits to help working parents afford child care, funds universal preschool for 3- and 4-year-olds, and incentivizes employers to build child-care centers in the workplace.” Biden also pledged to provide emergency funding in order to support struggling child-care centers and home-care workers during the Covid-19 pandemic.
  • The second part of the plan is aimed at supporting community-based and in-home care for the elderly and disabled people. $450 billion would be allocated to Medicaid funding, aiming to “eliminate the 800,00-person waiting list” for community-based and in-home care. The proposal also says to create 150,000 new jobs for community health workers.
  • The third part is designed to help caregivers by raising wages, protecting their rights, and providing more professional training opportunities.

While President Donald Trump had pledged to “really help” working families in December last year, he has yet to announce a specific plan to address the caregiving issue, especially during the economic crisis induced by the coronavirus pandemic.

Read the full story here.

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