Election

Sen. Warren Unveils ‘Universal Child Care’ Plan, Will Cost $70 BILLION PER YEAR

posted by Hannity Staff - 2.19.19

2020 Democratic presidential hopeful Elizabeth Warren pulled-back the curtains on her long-promised “Universal Child Care” proposal Tuesday; with analysts confirming the plan would likely cost $70 billion per year.

“Democratic presidential candidate Elizabeth Warren proposed a universal child care plan that would limit American families’ expenses to 7 percent of income regardless of how many children they have in care — paid for by a tax on the ultra-wealthy,” writes Bloomberg.

“Warren’s plan would cost taxpayers $70 billion per year, according to an analysis by Moody’s Analytics economists Mark Zandi and Sophia Koropeckyj,” adds the report.

Read the full report here.