Elizabeth Warren urges the SBA and Treasury to help keep child-care providers afloat

By Megan Leonhardt

(EXCERPT)

The child-care industry will need $9.6 billion per month in federal assistance to prevent providers from being forced to permanently shut down, according to an analysis by the Center for Law and Social Policy and the National Women’s Law Center. So far, Congress has allocated $3.5 billion in emergency funding for child care in the CARES Act passed in March.

 

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Source URL: https://www.cnbc.com/2020/06/10/elizabeth-warren-and-other-democrats-urge-sba-treasury-to-help-keep-child-care-afloat.html