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Integrating and empowering women is not just good corporate policy, it’s good business.
Second, in addition to changing the corporate culture, we must advance public policies that address the composition of our modern workforce.
In the United States, while single women without children make 95 cents for each dollar earned by a man, married mothers earn only 81 cents. Too many women in the United States are forced to leave the workforce following the birth of a child.
We must ensure that federal policies support working mothers and enable them to reach their full potential. This is how we will create an environment where closely bonded families can flourish and our economy can grow at unprecedented levels.
That is why in the United States, we are working to pass sweeping and long over-due tax reform that will afford families much needed relief. We are seeking to simplify the tax code, lower rates, expand the child tax credit, eliminate the marriage penalty, and put more money back in the pockets of hard-working Americans.
Our administration is working to address the high cost of childcare in the United States which currently outstrips housing expenses and state college tuition in much of the Country. It cannot be too expensive for the modern working family to have children.