Childcare fees could be cut in half over the next two budgets.

The proposal is believed to be part of the Government's plan to tackle the 'cost of living' crisis.

Today's Sunday Independent reports Children's Minister Roderic O'Gorman planning to increase state-subsidies which would have the effect of bringing creche-costs down.

The Green Party Minister is quoted as looking for a 50 percent average reduction for the cost of childcare for parents over Budget 23 and Budget 24.

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