On the recordJuly 29, 2020
I thank the gentleman for yielding me the additional time. The Child Care for Economic Recovery Act adds to and modifies tax provisions allowing for an increase and refundable child and dependent care tax credit, allows employers payroll tax credits, while also increasing the general funding for childcare entitlement under the Social Security Act. Furthermore, the Child Care Is Essential Act allows providers to use stabilization grants to support personnel pay and benefits, sanitization and PPE, training and professional development, and mental health services. According to the Economic Policy Institute, investing in children could increase economic recovery by $5.6 billion in new economic activity in Ohio alone. Mr. Speaker, I urge my colleagues to support these important bills.
