Backdoor Subsidies for Childcare Are a Bad Idea

Source: Libertarian Institute
by Ryan Bourne & Vanessa Brown Calder

“When the social aspects of Joe Biden’s ‘Build Back Better’ agenda died in Congress, it seemed that Democrats’ dreams of rolling out childcare subsidies had also perished. Yet now the media reports that Democratic lawmakers are using other legislation to achieve the same goals, albeit in one particular sector. … the Biden Administration wants to allow funds from the CHIPS Act, a subsidy feast for the semiconductor industry, to be used by eligible companies to pay to build childcare centers, subsidize their workers’ care costs, or whatever else they deem necessary to achieve a new affordable childcare mandate as a condition of their funding.” (03/06/23)