---
title: "New Rule Could Lower Childcare Costs for Families: What to Know"
description: The Biden Administration has announced a new rule to reduce childcare costs for families.
image: https://info.childcareaware.org/hubfs/GettyImages-1199692395.png
---

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# New Rule Could Lower Childcare Costs for Families: What to Know

 June 07, 2024

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TIME

ORIGINALLY PUBLISHED: FEBRUARY 29, 2024 4:31 PM EST

The Biden Administration announced Thursday a new rule that would reduce childcare costs for more than 100,000 families.

The rule makes fixes to the Child Care and Development Fund, which serves an average of 1.3 million children every month, and will mainly help families that are already receiving childcare subsidies while also expanding access to aid for others.

[Read Full Article](https://time.com/6836587/child-care-fund-costs-families-subsidies-biden/?utm_campaign=Press%20Mentions%202024&utm_source=sprout_social&utm_content=20240307_press_mentions_time_anne).

 

 

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