Which plan helps parents the most? Breaking down Trump and Clinton’s ideas to lower child care costs

INDIANAPOLIS – Donald Trump unveiled several policy proposals Tuesday, aimed at lowering child care costs, in a move contrary to what traditional presidential Republican candidates have proposed, including paid maternity leave.

“I think it's going to make a lot of people very, very happy - a lot of moms very happy,” Trump said Tuesday evening, alongside his daughter Ivanka, who helped craft the proposal.

Hillary Clinton’s campaign was quick to point out her campaign has released a plan as well.

Here’s a look at the differences.

Read Trump’s full plan here.

Read Clinton’s full plan here.

MATERNITY LEAVE

Trump’s plan would guarantee six weeks of paid maternity, though unemployment benefits, for new mothers who don’t receive leave from their employer.

The Trump campaign estimates the plan would cost $2.5 billion each year, but said all costs would be offset by eliminating billions of dollars in fraud in the unemployment insurance system.

Clinton’s wants to guarantee 12 weeks of paid family leave for both moms and dads. The plan would ensure individuals keep at least 2/3 of their salary.

To offset the cost, Clinton would raise taxes on the wealthiest Americans.

CHILD CARE COSTS

Trump’s plan would benefit both parents who work and stay at home.

The proposal would allow families to deduct the average cost of child care on their income taxes, for care up to four children. The deduction would be based on averages in each state.

Married couples who make less than $500,000 and individuals who make less than $250,000 would be eligible for the deduction.

The organization Child Care Aware of America estimated in Indiana in 2015, the annual cost of child care for an infant and four-year-old in a center was $15,678 and $12,389 at home.

Clinton’s wants to cap child care costs at 10 percent of a family’s income.

The Clinton campaign said funding would rely on federal spending and a series of low and middle-class tax cuts.

UNIVERSAL PRE-K

Clinton has proposed universal pre-K for 4-year-olds, which would be phased in over 10 years.

To fund the proposal, Clinton said states would receive federal aid to implement pre-K along with funding through tax increases among high-income households.

DEPENDENT CARE SAVINGS ACCOUNT

Trump would incentivize Americans who invested in a new dependent care savings account.

The account, which would accumulate and collect pre-tax, could be used on expenses like child care, after school programs, private school tuition and care of an elderly parent.

Families could save up to $2,000 each year.

Low-income families that qualify, and save at least $1,000 annually, would receive an additional $500 from the federal government.