Feb 01 2007
The rising costs of childcare, healthcare, and education, coupled with stagnating wages, have made raising a child a financial high wire act for many American families. Unfortunately, much of the Bush tax cuts were designed to provide benefits to the people who don’t need them, while middle-class families struggle to manage the expenses of raising a family — expenses which only increase with each new child. Targeted tax relief to middle-class families will help them to mange the crunch of balancing work and family, achieve their aspirations, and contribute to America’s economic growth.
· Families Are Sacrificing More to Have Children.
· More Young Adults are Waiting Longer to Have Children.
· It Often Takes Two Incomes to Raise a Family.
· Child Care Can Pose a Huge Financial Burden on Families.
· Millions of Americans Are Struggling to Manage the Financial Crunch in Balancing Work and Family.
For the full text of this report, please click on the file listed under "Related Resources."