Despite U.S. Population of Only 330 Million, Biden Says Child Tax Credit Would Put 720 Million Women Back Into the Workforce

‘It would grow the economy’

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BIDEN: "You get a tax break for a racehorse. Why in God's name couldn't we provide an $8,000 tax credit for everybody who has child care costs? It would put 720 million women back in the workforce. It would increase the GDP, to sound like a wonk here, by about eight-tenths of one percent. It would grow the economy."    

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