“Let’s provide investments and tax credits to… cut the cost of child care. Many families pay up to $14,000 a year for child care per child.

“Middle-class and working families shouldn’t have to pay more than 7% of their income for care of young children.

“My plan will cut the cost in half for most families and help parents, including millions of women, who left the workforce during the pandemic because they couldn’t afford child care, to be able to get back to work. 

“My plan doesn’t stop there. It also includes home and long-term care. More affordable housing. And Pre-K for every 3- and 4-year-old.”

— “Remarks of President Joe Biden – State of the Union Address As Prepared for Delivery,” The White House, March 1, 2022