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Democratic Lawmaker Floats Idea of Child Tax Credit
Raising a child in Connecticut costs about $15,000 a year but one lawmaker is hoping to make it a little easier for about 1 million Connecticut taxpayers by offering a state-based child tax credit. “I had no idea that everything would be so expensive. Like I said formula she goes through it all the time,” Meghan Begley of Canton said…
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Over 1 in 4 Child-Care Providers Nationwide Still Remain Closed
More than six months after a majority of stay-at-home orders lapsed in states across the U.S., the child-care industry has yet to fully recover.
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Good News for Parents: Covid Relief Bill Allows Bigger Cash Rollovers for Dependent Care
The latest Covid relief bill removes the limit on dependent care FSA rollovers in 2021 and 2022.
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Congress Proposes $10 Billion in Relief for the Child-Care Industry, But Advocates Say It's Only a ‘Down Payment'
Lawmakers agreed to a $900 billion Covid-19 relief package that provides $10 billion for the child-care industry, but advocates say it isn’t enough long term.
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Still Have Money in Your Flex Spending Account? Here's How You Can Spend It Down
Understanding your FSA is important. Here’s what you need to know and what unexpected items are eligible.
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Your Safety Net Is Broken
Among the many harsh truths about American society exposed by the coronavirus pandemic is this one: Our social safety net is broken. NBCLX storyteller Cody Broadway looks at how the ripple effect of the broken safety net can be seen in things like an increase in crowdfunding campaigns to cover lost wages and health expenses and a growing strain on...
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9.8 Million Working Mothers in the U.S. Are Suffering From Burnout
Juggling child-care challenges with work responsibilities takes a toll. Roughly 9.8 million working mothers in the U.S. are suffering from workplace burnout.
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With More Childcare and Domestic Work, the Pandemic Poses a ‘Real Danger' to Women's Progress, UN Finds
Since the onset of the coronavirus pandemic, women have been bearing the brunt of extra childcare duties and unpaid domestic work, a study by the UN has found.
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Child Care Centers Have ‘No Heightened Risk' of Spreading Coronavirus at Facilities: Study
Parents of young children may breathe a little easier and be more comfortable dropping their kids off at child care centers, after a new report found there was “no heightened risk” of the coronavirus spread at the facilities.
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New Research Shows Lack of COVID-19 Cases Tied to In-Person Child Care
New research is coming out of Yale University that’s taking a look at the correlation of COVID-19 cases and in-person child care. “I was a little surprised,” Dr. Walter Gilliam, professor of Child Psychiatry & Psychology at Yale Child Studies Center, said of the finding. The surprise comes from a survey he and a group of Yale University researchers...
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Parents Struggle With Child Care Questions
Parents of young children are struggling during the pandemic with the decision over whether to send their kids to a child care program.
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Women's Workplace Crisis
National data shows that 865,000 women left the labor force in September. Why did that happen and what does it mean for women in the workplace? “You see a lot of those Main Street businesses owned and operated by women. A lot of them owned and operated by women of color,” Fran Pastore, CEO of the Women’s Business Development...
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Massachusetts Child Care Centers Report 64 Cases of COVID-19
More than five dozen cases of COVID-19 have been reported among staff or children attending child care centers in Massachusetts or those children’s parents, according to new information released by the state Monday. A spokeswoman for the Department of Early Education and Care said facilities have notified the state of 64 such cases to date. In the vast majority, a…
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Can Your Employer Fire You For Taking Care of Your Kids on Company Time?
Kids will be kids at the worst time… right when you’re in the middle of a huge video conference with your boss. But can you really be fired for managing your children while working from home? Attorney Mandy Price discusses what your rights are as a work-from-home parent.
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Parents Hoping to Get Back to Work Face a Child Care Crisis
The coronavirus pandemic has created a staggering child care crisis that threatens to undermine the tentative reopening of the U.S. economy, forcing many parents to choose between work and looking after their kids
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Sanders Would Use Wealth Tax for Universal Child Care, Pre-K
Bernie Sanders has joined fellow progressive Elizabeth Warren in proposing that a “wealth tax” can fiance government-funded child care from infancy through age 3 for every American family, then provide universal pre-kindergarten programs after that. Fresh off his win in Nevada, the Vermont senator called the nation’s child care and early education “an international embarrassment” while unveiling a plan Monday…
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Oh, Baby! 3 Steps to Prepare Your Finances for Your New Arrival
If you think bringing a new human into the world is daunting, wait until you see what he or she will do to your budget. It will cost a middle-income married couple an average of $233,610 to raise a child from birth through age 17, according to 2015 data from the U.S. Department of Agriculture. In fact, your child is costing...