Harriet Torry

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611 appearances 11 recordings 1 series first heard Sep 2017 last heard Dec 2024

Harriet Torry’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Child Care Will Be on the Ballot in Several U.S. States · 31 Oct 2024 podcast

For the average homeowner, that would amount to about $130 a year in extra property taxes.

And all of that money will go towards providing affordable childcare.

And there are some other initiatives in other places as well.

There's one in Sonoma County in California.

and St.

Paul, Minnesota.

They're all a little bit different, but essentially they're suggesting raising property or sales taxes locally by small amounts to put money towards child care for those areas.

Well, Texas is a very interesting part of the country because it has a high population.

It's seen extremely strong growth in recent years.

And it has a very high fertility rate, one of the highest in the nation.

So there are a lot of babies in Texas.

There are a lot of people who need childcare.

The demand far outstrips the supply.

And that's especially the case for affordable childcare, subsidized childcare, which is available.

But there is an extremely long waitlist in the Austin area.

It takes about two years to get off the waitlist.

The idea is that this initiative will provide more money to get more people off the wait list, provide more subsidized care, and that will help people to go back to work, especially in blue collar industries.

Many people ask the question, why should I have to pay for somebody else's childcare?

A lot of people don't have kids, so it's reasonable for them to ask, why is this falling on me?

But many people see that the broader economic picture is that a lack of affordable childcare is just keeping people out of the workforce, and that is stopping the economy from growing locally.

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