• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
MPWHillary Clinton

Clinton’s Pledge to Cap Child Care Costs at 10% of Income Would Be a Game-Changer

By
Valentina Zarya
Valentina Zarya
Down Arrow Button Icon
By
Valentina Zarya
Valentina Zarya
Down Arrow Button Icon
May 11, 2016, 5:43 PM ET
CAMDEN, NJ - MAY 11: Hillary Clinton  meets with hospital workers at Cooper University Hospital's Anderson Cancer Center on May 11, 2016 in Camden, New Jersey. Residents of New Jersey will vote in the Democratic primary on June 7, 2016. (Photo by Jessica Kourkounis/Getty Images)
Photograph by Jessica Kourkounis—Getty Images

Hillary Clinton wants working families to know she hears them.

On Tuesday, the Democratic frontrunner made a pledge on the campaign trail to cap families’ child care expenses to 10% of income.

“I don’t think any family should have to pay more than 10% of their income for child care,” Clinton said during an appearance at a social services center in Lexington, Kentucky, reports Huffington Post. “That ought to be just a rule and you ought to get help if you’re getting close to that or going above that,” she said.

In most parts of the U.S., families spend more on childcare than they do on rent. The problem is exacerbated for families that live in poverty: According to research by the Census Bureau, these families spent 30% of their incomes on childcare in 2011—four times the percentage spent by wealthier families.

Clinton plans to use a combination of subsidized child care and tax credits to cut the cost of care, reports HuffPost, though the exact details of the initiative are still under wraps.

In addition to the child care cap, Clinton pledges to boost child care workers’ wages, provide home visiting services to more than 2 million parents and children in the next 10 years, and double funding for the Early Head Start–Child Care partnership program, according to her website.

Click here to subscribe to the Broadsheet, Coins2Day’s daily newsletter on the world’s most powerful women.

Clinton did not explain how she plans to fund the above initiatives and her campaign did not respond to a request for comment.

About the Author
By Valentina Zarya
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.