Harris and Yellen urge Congress to back affordable child care proposal

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In her first visit to the Treasury Dept. since taking office, VP Harris urges Congress to fund the largest-ever federal investment in affordable child care, wielding a new Treasury report on the positive economic impact of such caregiving.

Treasury Secretary Janet Yellen speaks alongside Vice President Kamala Harris in Washington on June 15, 2021.Sept. 15, 2021, 8:25 PM UTCIn her first visit to the Treasury Department since taking office, Vice President Kamala Harris urged Congress Wednesday to fund the largest-ever federal investment in affordable child care, wielding a new Treasury report on the positive economic impact of such caregiving.

“Some estimates suggest our GDP would be five points higher if women participated in the workforce at the same rate as men,” Harris said in remarks at the Treasury Department on Wednesday afternoon. David Redmond, a 43-year-old single father in Indiana, struggled this summer on partial unemployment after his hours as a floor cleaning technician for Kroger were cut. He tried to find child care so he could seek additional work, but was unable to.

“I’ll be completely honest, we are at a loss,” Angela Garcia, who owns two child care centers in New Mexico, and has struggled to fill a dozen open positions, told CNBC. “We are not having any luck finding anyone that wants to return to the workforce at this point."

 

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But when will she visit Europe?

I wish I had studied harder in college Janet Yellen in so smart.

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