Article Summary –
The Campaign for a Family Friendly Economy plans to spend $40 million to support President Biden’s re-election bid and other Democratic candidates who endorse economic policies benefiting working families. The group will focus on issues such as the costs of child care and elder care, and will target Democratic and independent voters in key states such as Georgia, Montana, New Hampshire, Pennsylvania, Virginia, and Wisconsin. This investment, the largest by the organization, is part of a broader trend of liberal groups making significant spending commitments for the 2024 campaign, such as VoteVets’ $45 million pledge and Future Forward’s planned $250 million ad blitz.
Campaign for a Family Friendly Economy pledges $40 million for Biden and Democrats
The Campaign for a Family Friendly Economy, a left-leaning political group championing economic policies for working-class families, has announced a $40 million fund to support President Biden’s re-election campaign and other Democratic candidates for the House and Senate. This is the largest political investment by the organization, aiming to boost Mr. Biden and spotlight economic issues like affordable child care and elder care for the 2024 election campaign.
Group aims to raise profile of economic issues
While child care and elder costs remain key voter concerns, they have not yet become a central focus of Mr. Biden’s re-election efforts. The plan unveiled by the organization targets mobilizing Democratic and independent voters in pivotal states including Georgia, Montana, New Hampshire, Pennsylvania, Virginia, and Wisconsin. It intends to back candidates supporting policies like paid family medical leave, affordable prescription drugs, and accessible child and elder care.
Biden’s administration efforts on child care
Early in his tenure, the Biden administration implemented $24 billion to sustain child care facilities, as part of a rescue package against the pandemic. However, these funds expired in September. Since then, initial promises to make child care more affordable have not been fully realized due to lack of Congressional support. Mr. Biden signed an executive order in April instructing federal agencies to make child care cheaper and more accessible.
Challenges in child-care provision
J. Glenn Hopkins, president of a Virginia-based child-care provider, lost over half of his employees during the pandemic and has found it challenging to hire qualified staff. He supports the plans put forth by the Campaign for a Family Friendly Economy.
Building momentum for affordable child-care policies
The organization’s executive director, Sondra Goldschein, believes their efforts can drive the political momentum to make affordable child care a reality if Mr. Biden is re-elected. Other liberal groups like VoteVets and Future Forward have also made significant spending announcements to back Mr. Biden and other Democratic candidates. Last month, liberal activist group MoveOn announced a $32 million program of its own.
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