Forget deficits. For many, childcare is big worry as French budget cuts loom.

The EU is likely miffed that France will miss its 2015 austerity targets. But at home, critics are focused on a proposed $880 million in cuts to France's generous parental perks.

By , Staff writer

Philippe Wojazer/Reuters

The headlines abroad about France's 2015 budget are understandably focused on the government's defiance of the European Union's mandated austerity. But within France, among families – particularly those like mine, with young children – concerns hit much closer to home: specifically, the generous parental perks now on the cutting board.