Today, we've tripled the funding available for child care tax credits. So we've reduced the cost of child care three times over. In addition to that, We've given employers the opportunity to write off 30% of what they contribute to an employee's child care costs. So we are trying to tackle this for families and trying to tackle it for seniors. We also know that small businesses is really the lifeblood of our economy. (04:37–04:46)
CLAIM
Asserts that employers can write off 30% of contributions to employee child care costs.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.