Manchester – On Tuesday, Jeanne Shaheen’s campaign released a new television ad titled, “Keep Up,” which discusses how the Senator is working to help reduce child care costs for New Hampshire families. The 30 second ad begins airing Tuesday, highlighting that many New Hampshire families would save thousands of dollars as a direct result of new legislation from Senator Shaheen.
“Child care costs are a significant expense and challenge for families across New Hampshire and Jeanne Shaheen is working to provide people with some relief,” said Campaign Manager Mike Vlacich. “The costs of childcare are hindering opportunity for too many Granite Staters, who have bills to pay, kids to send to college, and money to save for retirement. That is why she’s leading the fight to expand the childcare tax credit with commonsense legislation that increases the amount of eligible childcare expenses families can receive the tax credit for. New Hampshire families come first for Jeanne Shaheen. They always have and they always will.”
According to a recent study conducted by the Pew Research Center, childcare costs for families with working mothers paying for care have risen more than 70 percent since 1985. The average cost of child care for a young child in New Hampshire is more than $11,000 per year.
“It’s hard to keep up with kids; even harder to keep up with rising costs, like childcare,” Senator Shaheen says in the ad. “I’m working to change that. My bill would increase tax credits for childcare and could save families thousands of dollars. Savings could more than double for some.”
The Helping Working Families Afford Childcare Act, introduced by Senator Shaheen, expands access to the Child and Dependent Care Tax Credit by increasing the amount of eligible expenses families can receive a tax credit for. Senator Shaheen’s legislation would double the tax credits working families can currently receive and indexes them for inflation to guarantee the new limits don’t lose value over time.
“Families these days are slammed with so many expenses,” Shaheen also says in the ad. “This could really make a difference.”