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-15- / / (with a local match) to school-community partnerships to establish before- and after-school care for school-age children. Parents who Choose to Stay at Home The President's initiative does not include a proposal for parents who choose to stay at home, however the Administration has said that they are open to ideas. Most options to assist stay at home parents rely heavily on the tax system and consist of either allowing them to take advantage of the Child and Dependent Care Credit or expanding the Child Tax Credit for all families. Initial analyses of these options show that they are expensive options on a national level and provide only marginal benefits to individual families. While an additional benefit would be helpful for single-earner families, the proposals that have been advanced thus far will not provide enough money per family to allow or encourage many more parents to stay home. J:\Srudisilwp\Final child care background memo.wpd

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    "ocrText": "-15-\n/\n/\n(with a local match) to school-community partnerships to establish before-\nand after-school care for school-age children.\nParents who Choose to Stay at Home\nThe President's initiative does not include a proposal for parents who choose to\nstay at home, however the Administration has said that they are open to ideas.\nMost options to assist stay at home parents rely heavily on the tax system and\nconsist of either allowing them to take advantage of the Child and Dependent Care\nCredit or expanding the Child Tax Credit for all families. Initial analyses of these\noptions show that they are expensive options on a national level and provide only\nmarginal benefits to individual families. While an additional benefit would be helpful for\nsingle-earner families, the proposals that have been advanced thus far will not provide\nenough money per family to allow or encourage many more parents to stay home.\nJ:\\Srudisilwp\\Final child care background memo.wpd"
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