Scoopfeeds — Intelligent news, curated.
business

Child care tax breaks can save families and businesses money — but few use them, congressional report finds

CNBC · Jun 22, 2026, 4:24 PM

Key takeaways

  • Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
  • A lack of available child care could cost the U.S. economy up to $329 billion over the next 10 years, a 2025 Bipartisan Policy Center report found.
  • One untapped way for families and the businesses that employ them to save on those costs could be through existing tax incentives, according to a new report from the U.S.

Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu

A lack of available child care could cost the U.S. economy up to $329 billion over the next 10 years, a 2025 Bipartisan Policy Center report found.

One untapped way for families and the businesses that employ them to save on those costs could be through existing tax incentives, according to a new report from the U.S. Congress Joint Economic Committee — Minority.

Article preview — originally published by CNBC. Full story at the source.
Read full story on CNBC → More top stories
Aggregated and edited by the Scoop newsroom. We surface news from CNBC alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop