H.R. 4164 would amend the Internal Revenue Code of 1986 to allow a deduction for expenses paid for household and dependent care services necessary for gainful employment and to increase, and make refundable, the credit for such expenses.

== Detailed Summary ==

<summary>
(Log in to editChild Care Affordability Act of 2007 - Amends the wikiInternal Revenue Code to: (1) allow a tax deduction for expenses paid for household and bedependent care services necessary for gainful employment; (2) increase the first todollar limitation on the tax credit for such expenses; (3) provide a detailed summary offor an inflation adjustment after 2008 to the bill!)dollar amounts for such tax deduction and tax credit; and (4) make such tax credit refundable.
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== Status of the Legislation ==

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Latest Major Action: 11/13/2007: Referred to House committee. Status: Referred to the House Committee on Ways and Means.
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== Points in Favor ==

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== Points Against ==

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