Donald Trump’s claim that new tariffs will pay for Americans’ child care is not clear, as economists are skeptical that the tariffs would raise enough to cover Trump’s tax cuts and a large-scale child care program. Trump is likely referring to the Child Care and Development Block Grant, which he touted in a December 2019 list of his accomplishments. Both Trump and Vance acknowledged the issue of affordable child care as “such an important”.
During an appearance at the New York Economic Club, Trump cited his proposed tariffs as a way to make child care more affordable. He has moved from the cost of child care to the taxes – tariffs – he plans to impose on imports. Parents want Harris and Trump to prioritize affordable child care, and the presidential candidates’ track records stand on an overhaul of the system.
Trump hasn’t outlined a specific child care proposal, though Republicans tend to favor policies that provide tax. More explicitly, his proposal would allow parents with up to four children to deduct child care expenses from their income taxes. However, the numbers are much bigger than the Trump administration’s promise to make child care more affordable.
The Tax Cuts and Jobs Act doubled the child tax credit to $2,000 per child and added another $500 credit for older children and other dependents. The Trump administration failed to deliver on its promise to make child care more affordable.
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