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A similar proposal following last year’s SOTU address omitted two key groups—family caregivers and those who have their own health issues—and failed to address issues of cost and implementation. (Photo: Shutterstock)

In this year’s State of the Union speech, the president again mentioned paid family leave, saying, “I am also proud to be the first president to include in my budget a plan for nationwide paid family leave—so that every new parent has the chance to bond with their newborn child.”

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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