Child care money crisis

Though this is potentially a huge thing, there hasn't been much about it in corporate media.

Workers in the U.S. are staring down the precipice as lawmakers fail to address the economic ravages of the pandemic. Even as some 21 million people remain unemployed, the $600 per week in additional unemployment insurance created by Congress’s coronavirus relief package, the CARES Act, is set to expire on July 31. Student debt payments will resume on October 1 for the 34 million federal student loan borrowers whose loans were suspended by CARES. But perhaps no cliff is as steep as the early care and education sector, which may be cut in half by the time the pandemic is over. To save it, the sector will need an infusion of at least $50 billion. But so far, despite how essential child care is to restarting the economy, Congress has been unwilling to meet the crisis with the resources required to stave off a crisis. - Truthout