After a $24 billion investment from Biden's American Rescue Plan runs out, the ability for these entities to operate at the same level is expected to be stunted, and people who ventured back into the workplace after the peak of COVID-19 might be forced to leave those jobs due to unavailable or unaffordable child care.The ARP's investment helped stabilize the industry, which already faced concerns of inaccessibility prior to the pandemic.
This would also adversely affect states, per the organization. In fact, the Century Foundation said states will likely lose $10.6 billion in tax and business revenue each year following the end of the investment.
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