Biden Makes Economic Argument for Federal Spending on Caregiving

  • Training, hiring paid for by repeal of real estate tax break
  • Democrat calls caregivers a moral, economic necessity
Penny Pritzker on Biden Care Plan, Commercial Real Estate
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Joe Biden said Tuesday it is a moral and an economic necessity for the government to better support those who care for children and the elderly, as he announced a sweeping plan to address the country’s “caregiving crisis.”

As the third part of his agenda to rebuild the economy once the coronavirus has been defeated, Biden outlined a $775 billion program over 10 years that would add jobs and boost pay for caregivers, eliminate the waiting list for home and community care under Medicaid and provide preschool for all 3- and 4-year-olds.

“The bottom line is that a mobilized caregiving and early education workforce would save working families time and money, get their loved ones the care and early childhood education they need, and put more people to work,” Biden said during a speech in New Castle, Delaware.