Stephanie Bice: “Cumulative inflation measuring roughly 188% over the 39 year…”

“First of all, first number one is the Child Act. Since the creation of dependent care FSAs in 1986, the contribution limit has remained $5,000. With the ever increasing cost of child care and Cumulative inflation measuring roughly 188% over the 39 year period since these accounts were created. relief is needed for American families. My legislation, the Child act co led by Representative Sanchez in a bipartisan way proposes doubling the contribution limit to $10,000 and indexing it for inflation annually.” (00:57–01:06)

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