By Josh Boak
WASHINGTON — President Joe Biden signed an executive order on Tuesday that contains more than 50 directives to increase access to child care and improve the work life of caregivers.
But the directives would be funded out of existing commitments, possibly including last year's laws financing infrastructure projects and building computer chip plants. That likely means their impact would be limited and possess more of a symbolic weight about what's possible. The Democratic president was far more ambitious in 2021 by calling to provide more than $425 billion to expand child care, improve its affordability and boost wages for caregivers.
"The executive order doesn’t require any new spending," Biden said in remarks at the White House. “It’s about making sure taxpayers get the best value for the investments they’ve already made.”
Biden also has called for more money for the care economy in his 2024 budget plan, drawing a sharp line with Republicans, who are seeking limits on spending.
Susan Rice, director of the White House Domestic Policy Council, told reporters on a phone call that the order shows that Biden isn't waiting on Congress to act.
“The child care, long-term care systems in this country just don’t work well,” Rice said. “High-quality care is costly to deliver. It’s labor-intensive. It requires skilled workers. Yet care workers, who are disproportionately women and women of color and immigrants, are among the lowest paid in the country.”
The order seeks to improve the child care provided to the offspring of federal workers, including military families. It plans to lower costs for families that are part of the Child Care & Development Block Grant program. Military veterans would get better home-based care. And the Department of Health and Human Services would raise pay and benefits for teachers and staff in the Head Start program.
A new poll finds most U.S. adults are worried about health care becoming more expensive.
The White House budget office says mass firings of federal workers have started in an attempt to exert more pressure on Democratic lawmakers as the government shutdown continues.
President Donald Trump says “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths needed for American industry. The Republican president suggested Friday he was looking at a “massive increase” of import taxes on Chinese products in response to Xi’s moves. Trump says one of the policies the U.S. is calculating is "a massive increase of Tariffs on Chinese products coming into the United States." A monthslong calm on Wall Street was shattered, with U.S. stocks falling on the news. The Chinese Embassy in Washington hasn't responded to an Associated Press request for comment.
Most members of the Federal Reserve’s interest-rate setting committee supported further reductions to its key interest rate this year, minutes from last month’s meeting showed.
From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 a.m. eastern, as everyone awaits the Labor Department’s monthly jobs report.
The Supreme Court is allowing Lisa Cook to remain as a Federal Reserve governor for now.
Rep. John Moolenaar has requested an urgent briefing from the White House after Trump supported a deal giving Americans a majority stake in TikTok.
A new report finds the Department of Government Efficiency’s remaking of the federal workforce has battered the Washington job market and put more households in the metropolitan area in financial distress.
A new poll finds U.S. adults are more likely than they were a year ago to think immigrants in the country legally benefit the economy. That comes as President Donald Trump's administration imposes new restrictions targeting legal pathways into the country. The Associated Press-NORC Center for Public Affairs Research survey finds Americans are more likely than they were in March 2024 to say it’s a “major benefit” that people who come to the U.S. legally contribute to the economy and help American companies get the expertise of skilled workers. At the same time, perceptions of illegal immigration haven’t shifted meaningfully. Americans still see fewer benefits from people who come to the U.S. illegally.
Shares of Tylenol maker Kenvue are bouncing back sharply before the opening bell a day after President Donald Trump promoted unproven and in some cases discredited ties between Tylenol, vaccines and autism. Trump told pregnant women not to use the painkiller around a dozen times during the White House news conference Monday. The drugmaker tumbled 7.5%. Shares have regained most of those losses early Tuesday in premarket trading.
