Article snippet: Senator Elizabeth Warren is releasing a new cost calculator to promote her universal child-care plan. The new tool on her website is an attempt to cast her nationwide child-care policy in highly personal terms and builds off a similar tool released earlier this year that allowed users to calculate how much they would save under her student debt plan. The 2020 Democratic presidential candidate announced the new calculator during an appearance Thursday on “The View.” Warren has proposed making child care free for families earning less than 200 percent of the federal poverty line. Under her plan, those making more would pay on a sliding scale topping out at 7 percent of a family’s income. Warren told “The View” hosts Thursday that she wanted to take on child care so that “it’s not just there for the richest slice of the top, but it’s there for all of our kids.” “It’s the best investment in our future,” she added. Warren’s cost calculator asks questions about how many young children the user has (with a “maybe someday” option for those still thinking about it), the user’s current child care costs, and household size and income. The calculator then determines whether the user would receive free child care under Warren’s plan, and if not, estimates how much the family would save. As an example, a family with two young children that spends $25,000 of its $100,000 annual household income on child care would save about $22,000 annually under Warren’s plan, according to t... Link to the full article to read more