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2021 Children's Budget Summit | Senator Chris Van Hollen
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First Focus on Children’s 2021 Children’s Budget Summit gathered policymakers, experts, and advocates to analyze findings of the 2021 Children’s Budget and its implications for U.S. policy. This year’s Children’s Budget, the 15th edition, finds that COVID funding fueled the largest year-to-year increase in the share of federal spending on kids since tracking began in 2006. The share of federal spending on children rose to 11.2% in 2021, a 3.5 percentage point increase over 2020. The historic increase comes after four straight years in which the share of spending on children declined by 25% to just 7.6%. Internationally, the United States invests just .08% — less than one penny per federal dollar spent — in children abroad.
Sen. Chris Van Hollen, D-MD, called on Congress to pass universal pre-k, more affordable child care and continued monthly payments to families under the improved Child Tax Credit. “Investing in children is about investing in the future success of our country,” he said. Van Hollen has sponsored two bills designed to increase transparency around investments in children by requiring annual reports on the actual federal investment in children’s programs.
Sen. Chris Van Hollen, D-MD, called on Congress to pass universal pre-k, more affordable child care and continued monthly payments to families under the improved Child Tax Credit. “Investing in children is about investing in the future success of our country,” he said. Van Hollen has sponsored two bills designed to increase transparency around investments in children by requiring annual reports on the actual federal investment in children’s programs.
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