[Congressional Record (Bound Edition), Volume 145 (1999), Part 17]
[House]
[Page 23805]
[From the U.S. Government Publishing Office, www.gpo.gov]



                               KIDDIE MAC

  (Mrs. MALONEY of New York asked and was given permission to address 
the House for 1 minute.)
  Mrs. MALONEY of New York. Mr. Speaker, as we enter the new 
millennium, the American family has taken a new shape. Our children are 
now reared not only by two working parents, sometimes by single 
parents, grandmothers, guardians.
  Many Americans say that finding safe, affordable child care is one of 
their most important concerns. We have not been able to finance a 
sufficient number of needed child care centers. Parents who can afford 
to pay for modest child care, many spend more on yearly quality child 
care tuition than on public college tuition.
  As one step in addressing this crisis, I have introduced bipartisan 
legislation with the gentleman from Louisiana (Mr. Baker) called Kiddie 
Mac. Kiddie Mac is designed to build a partnership between the Federal 
Government and private lending institutions to finance safe and 
affordable child care.
  Unless we act to pass Kiddie Mac, the new American family of the new 
millennium may collide head-on with the unmet needs for safe and 
affordable child care.




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