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Child care costs still rising as the Trump administration eyes incentives to boost falling birthrate | News Channel 3-12

  • Child care costs rose 29% from 2020 to 2024, reaching a national average of $13,128, which burdens many American families.
  • The Trump administration, citing a January memorandum, recognizes these financial challenges and aims to reduce child care costs amid declining birth rates.
  • The US fertility rate in 2024 was 54.6 births per 1,000 women, slightly up less than 1% from 2023 but still near a record low and 17% below 2010 levels.
  • Care.com’s Bryan Jamele stated families rely mainly on tax policy to ease care costs and urged large-scale changes, calling child care policy critical to economic and family growth.
  • Rising child care prices may contribute to declining birth rates by impacting family planning, and financial incentives like a $5,000 baby bonus are under consideration to encourage births.
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WFFT FOX 55 Fort Wayne broke the news in on Wednesday, May 14, 2025.
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