• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Vermont Gov. Scott vetoes child care subsidy expansion
Economy

Vermont Gov. Scott vetoes child care subsidy expansion

by June 7, 2023
by June 7, 2023 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Republican Vermont Gov. Phil Scott on Tuesday vetoed a $150 million expansion of state child care subsidies.The proposal, which would have tapped into payroll tax revenue for funding, would allow subsidies for households earning up to 575% of federal poverty guidelines.‘Vermont already has one of the highest tax burdens in the nation. The last thing we should be doing is making it worse,’ Scott wrote to lawmakers. ‘Raising new revenue from taxes and fees should be a last resort, not a first step.’

Vermont Republican Gov. Phil Scott on Tuesday vetoed a bill that would have expanded child care subsidies for some families, saying he objects to the payroll tax to partially pay for it.

Scott wrote in his veto message to lawmakers that increasing the availability and affordability of child care has been a priority during his time as governor but said he can’t support a new tax.

‘Vermont already has one of the highest tax burdens in the nation. The last thing we should be doing is making it worse,’ he wrote. ‘Raising new revenue from taxes and fees should be a last resort, not a first step.’

The Legislature’s $150 million child care plan would have expanded child care subsidies to families with incomes up to 575% of the federal poverty guidelines. It would have also increased pay for child care workers and would be paid for with help from a 0.44% payroll tax split between employers and employees.

Democratic Senate President Pro Tempore Philip Baruth said the governor’s veto came as no surprise and will be the top priority during the Legislature’s veto override session later this month.

‘During his years in office, the Governor has talked about the need to expand and enrich our childcare offerings, but he has never been willing to address the problem at the scale it demands,’ Baruth said in a written statement. ‘H.217 represents an authentic, long-term solution to our childcare crisis by helping parents afford care and helping caregivers afford to stay in their profession.’

<!–>

This post appeared first on FOX NEWS

–>

You Might Also Like
  • Dems dismiss ‘worthless’ calls to probe Biden-Ukraine rumors but argue Trump indictment is not political
  • World, UN signal no exit for civilians caught up in Gaza war: ‘Politically toxic’
  • How the blockbuster Supreme Court presidential immunity ruling impacts the Biden-Trump 2024 rematch
  • ‘Is this a joke?’: Rashida Tlaib furious at Blinken for celebrating Geneva Conventions anniversary
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Former New Jersey Gov Chris Christie launches second bid for White House
next post
Bill requiring electronic campaign finance report submission clears Pennsylvania House

You may also like

Democratic presidential candidate announces campaign layoffs, vows to remain in...

February 18, 2024

Judge hands transgender woman win against female-only app in landmark...

August 25, 2024

Visa bans for ICC officials urged by bipartisan senators after...

May 23, 2024

Kentucky Gov. Beshear signs bill to protect domestic violence victims

April 5, 2023

Indiana legislators look to ban automatic fire-inducing ‘Glock switches’

March 21, 2023

Biden brushes off Republicans’ defense spending concerns over debt ceiling...

May 30, 2023

House Dem Jayapal grills FBI’s Wray on collecting Americans’ data,...

July 13, 2023

Oregon Legislature authorizes urban growth expansion for chipmakers

April 7, 2023

Trump vows to commute prison sentence of Silk Road founder...

May 26, 2024

Biden rakes in big bucks last month, but haul is...

June 21, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • How to Find Compelling Charts in Every Sector

      July 10, 2025
    • White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

      July 10, 2025
    • Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

      July 10, 2025
    • OpenAI to release web browser in challenge to Google Chrome

      July 10, 2025
    • Sports executive charged with bid-rigging in Texas arena project

      July 10, 2025

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 3,631 views
    • 2

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,919 views
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,607 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,577 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,451 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,171)
    • Investing (538)
    • Stock (2,662)

    Popular Posts

    • 1

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • How to Find Compelling Charts in Every Sector

      July 10, 2025
    • White House accuses Powell of mismanaging Federal Reserve, citing headquarters...

      July 10, 2025
    • Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

      July 10, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,171)
    • Investing (538)
    • Stock (2,662)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Sen Tim Scott slams Randi Weingarten...

    September 14, 2023

    Lightfoot’s election loss should serve as...

    March 13, 2023

    UN chief slams Israeli offensive, says...

    November 9, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here