HOW BUILD BACK BETTER HELPS HI-01
Rep. Ed Case (HI-01)
- In HI-01, a district with over 51,200 children under age 6, the child care market fails to serve 75% of young children.
- 37% of young children in HI-01 don’t have all available parents in the workforce, while over 12,500 parents make career sacrifices due to issues with child care.
- The average annual cost of infant care in Hawaii is $13,731. Contrasted with the median income of $105,640 for a family of four in HI-01, infant care costs as a share of median family income in the district total approximately 13.0%
- The Build Back Better Act will provide universal pre-k to all 3-and 4-year olds, giving all children access to high-quality early education, and will ensure that no working family in HI-01 pays more than 7% of their income on child care.
Child Tax Credit
- In HI-01, approximately 7% of young children live in poverty.
- About 119,000 children in HI-01 qualify for the enhanced Child Tax Credit payments, and a total of 75,000 payments were made to HI-01 families in October.
- The average payment per household across the state of Hawaii was $435.
- The Build Back Better Act will extend the fully refundable enhanced Child Tax Credit to provide up to $3,600 per qualified child until 2023.
- The Build Back Better Act could help an estimated 5,400 HI-01 residents save an average $600 per year on health insurance premiums by extending expanded Affordable Care Act premium tax credits.
- Extending the expanded Premium Tax Credits through 2025 could give HI-01 residents an estimated average $201 tax cut per tax filer.
- The Build Back Better Act could also lead to expanded Medicare coverage of hearing benefits for up to 141,069 residents in HI-01.
- 7.7% of adults in HI-01 are unable to access care due to cost.
- 10.7% of adults in HI-01 have been diagnosed with diabetes; the Build Back Better Act will lower the price of insulin by placing a $35-per-month cap on the drug.
- 93% of registered voters in HI-01 support allowing Medicare to negotiate lower prescription drug prices.
- The Build Back Better Act will help ensure that drug costs do not increase faster than inflation by allowing Medicare to negotiate lower drug prices.
Earned Income Tax Credit
- The Build Back Better Act will extend the current expanded Earned Income Tax Credit for childless workers of up to $1,502 for one year.
- An estimated 45,000 working families in HI-01 will benefit from the expanded Earned Income Tax Credit.
- HI-01 is already home to 7,801 clean energy jobs, including 2,607 renewable energy jobs and 3,590 energy efficiency jobs. The Build Back Better Act will bring even more good-paying, green union jobs to HI-01.
- 84% of adults in HI-01 support providing tax rebates for energy-efficient vehicles or solar panels, and 75% believe corporations should do more to address global warming.
- The Build Back Better Act will make historic investments in clean energy technologies, and help middle class families save money transitioning to clean energy electrification.
- HI-01 faces an affordable housing shortage of over 23,730 homes, meanwhile, 27% of all renter households in the district are severely cost-burdened.
- The Build Back Better Act will make the largest investment in history for the construction, rehabilitation, and improvement of affordable housing.
- The Act will also make historic investments in rental and down payment assistance programs.