What another Trump presidency could mean for families struggling to afford childcare

Trump supports a limited expansion of the child tax credit. But the president-elect has announced few specifics to address the steep costs of childcare.

As the American public prepares for another presidency under Donald Trump, many are likely thinking about the potential impact on their personal finances. Some people have expressed concerns about how Trump could reverse President Biden’s loan forgiveness efforts, while others may be eagerly anticipating the tax breaks that the president-elect promised on the campaign trail.