Democratic presidential contender Pete Buttigieg unveiled plans to invest more than $1 trillion in child care and affordable housing over the next decade as part of a package of proposals targeting the middle class released on Friday.
The Buttigieg campaign said that it will pay for its plans by reforming the way that capital gains are taxed among the top 1%.
"It's more targeted," Goolsbee said. "By focusing on the people who have the greatest need, or for whom this is the most relevant — the middle class and below — that allows you to do this with pay-fors that are realistic." The child care plan calls for $700 billion in spending over the next decade on "affordable, universal, high-quality early learning" as well as "outside-of-school learning opportunities in K-12 education."
"He'll end homelessness for youth and families with children and fully fund lead paint remediation to protect our most at-risk families," the campaign said.
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