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Jim Gadwood Comments on Proposed Dependent Care Savings Legislation in Bloomberg BNA

Subtitle
"Bipartisan Child Care Savings Bill a Nod to Trump, GOP Goals"

Bloomberg BNA

Jim Gadwood commented on a bipartisan bill from two members of the House Committee on Ways and Means that would raise the amount individuals can set aside in pre-tax flexible spending accounts to pay for dependent care expenses. President Trump has expressed support for expanding dependent care flexible savings accounts. "In that sense this proposed bill pursues a similar policy goal. This is something the president has expressed interest in," Gadwood said.