Trump's Child Care Fix: Economists Skeptical Amid Tariff Plan

Former President Donald Trump claims addressing high child care costs would be relatively inexpensive compared to tax revenue from proposed tariffs on foreign goods. Economists are skeptical of this approach, and Democrats argue that higher tariffs would increase consumer prices. The conversation highlights ongoing debates and proposals around federally funded child care programs.

Former President Donald Trump recently claimed that addressing high child care costs would be relatively inexpensive, citing potential revenue from proposed tariffs on foreign goods. However, economists are skeptical that these tariffs would generate enough revenue to support both child care initiatives and Trump's proposed tax cuts. Democrats argue that higher tariffs would actually increase the cost of consumer goods for families.

A spokesperson for Trump's campaign did not respond to questions about his child care plans. Child care experts partially agree with Trump, noting that fixing the system isn't as costly as other government expenses. However, the price tags associated with federally funded child care make political approval challenging.

Trump's remarks come against the backdrop of ongoing debates and multiple proposals on child care. Vice President Kamala Harris has also proposed raising pay for child care workers but lacks specific funding details. Other notable proposals, including those by Joe Biden and Elizabeth Warren, have faltered due to financial concerns. Despite the costs, experts and advocates view child care spending as a long-term investment with significant economic benefits.

(With inputs from agencies.)