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While the Biden administration’s pledges to improve access to affordable childcare options have run into Congressional stalemates for years, a new federal requirement may pave the way for some movement on employer-sponsored childcare.
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The Commerce Department last week unveiled provisions of its funding application for the CHIPS Incentives Program, which provides federal funding to semiconductor manufacturers; the CHIPS and Science Act was enacted last summer to, in part, address widespread semiconductor shortages. In the announcement, the department stipulated that companies seeking at least $150 million would need to outline a plan by which they would offer employees
