Excerpt
GWEN IFILL (NewsHour): The cost and affordability of good child care is the focus of the next installment in our series Parenting Now.
It’s a major concern for families throughout the country. And in different ways, it cuts across lines of class and income.
The NewsHour’s economics correspondent, Paul Solman, has the story, part of his reporting Making Sense of financial news.
DANIELLE SPIRO: Where’s mommy? There she is.
PAUL SOLMAN (NewsHour): When Baltimore teacher Danielle Spiro gave birth to her daughter Eva last year, she had to quit her job.
DANIELLE SPIRO: There was no way I was going to be to be able to ever afford day care.
PAUL SOLMAN: Tiffany Beroid worked at Wal-Mart in Laurel, Maryland, where she had her second daughter.
TIFFANY BEROID: I made $12,000 for the whole year, and day care was costing, I want to say $275 to $300 a week just for the newborn.
PAUL SOLMAN: That’s more than she was earning.
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