From in-home daycare and child care centers to nannies and babysitters, parents often see their budgets strained by the high cost of child care. While the US Department of Health and Human Services recommends that families spend no more than 10 percent, a recent study by the nonprofit, nonpartisan think tank, the Economic Policy Institute, found that very few people live in areas where child care costs are at all close to that threshold. In this hour of Midday, EPI's Elise Gould and Maryland Family Network's Margaret Williams join Sheilah to discuss the financial burden placed on American families with young children. Original air date: October 21, 2015.
A special thanks to Midday intern, Adam Droneburg, for production assistance.