Business

Child Care Tax Breaks Underutilized Despite Existence

Updated 2026-06-22 16:35 UTC 1 source Negative

A new congressional report finds that existing tax incentives for child care are underused, despite their potential to save families and businesses money. This highlights a gap in policy implementation.

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CNBC

Child care tax breaks can save families and businesses money — but few use them, congressional report finds

Child care can be expensive for both parents and their employers. Yet existing tax incentives to help defray those costs may go unused, a new report finds.

2026-06-22 16:24 UTC