Families are to receive up to £1,200 a year towards childcare costs from 2015. The pledge will reportedly only apply to families in which both parents work and earn less than £150,000 a year. The Budget will be announced on Wednesday.
David Cameron and Nick Clegg have met with families after pledging up to £1,200 a year in government support for children.
The Prime Minister described the funding as effectively "some tax relief on childcare".
"For many families the cost of childcare is not one issue among many, it is the issue - it really matters," Mr Cameron said.
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.