Experts Warn Biden’s Terrible Child Care Plan Will Have Unintended Consequences
Jonathan Bydlak, the director of the Fiscal and Budget Policy Project at the R Street Institute, told Fox News on Tuesday that subsidizing child care could hurt families over the long haul by fueling a dramatic rise in child care costs.
“The idea of using subsidies to essentially engineer some sort of outcome is not exactly a great idea,” Bydlak said. “Anytime you end up subsidizing something, that represents a market manipulation.
“There’s always a potential, as we’ve seen in areas like education, for example, where … education costs are almost certainly higher as a result of the ways in which we subsidize that system.”