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Affordable childcare a "must-have": Obama

Wednesday, January 21, 2015 - 01:13

President Barack Obama plans to triple the maximum child care tax credit to $3,000 per child, per year. He says, ''we need affordable, high-quality childcare more than ever.'' Rough Cut (no reporter narration).

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ROUGH CUT (NO REPORTER NARRATION) In U.S. President Barack Obama's State of the Union address, he says he will triple the maximum child care tax credit to $3,000. "In today's economy, when having both parents in the workforce is an economic necessity for many families, we need affordable, high-quality childcare more than ever. It's not a nice-to-have - it's a must-have," Obama said. "It's time we stop treating childcare as a side issue, or a women's issue, and treat it like the national economic priority that it is for all of us," Obama said. "And that's why my plan will make quality childcare more available, and more affordable, for every middle-class and low-income family with young children in America - by creating more slots and a new tax cut of up to $3,000 per child, per year."

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Affordable childcare a "must-have": Obama

Wednesday, January 21, 2015 - 01:13