By Catherine Rampell 

(Excerpt)

The child allowance isn’t the only way the law aims more fiscal firepower at kids. It also allocates $39 billion to shore up the nation’s struggling child-care facilities, for instance, bringing the total additional funding appropriated over the past year for child care to about $50 billion.

“This is the biggest investment in child care since World War II,” said Center for Law and Social Policy executive director Olivia Golden, who developed a number of child-centered federal programs during the Clinton administration.

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