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House Republicans propose $5 billion for private school vouchers

  • House Republicans proposed a budget reconciliation bill on May 12, 2025, allocating up to $5 billion annually for private and religious school scholarships nationwide.
  • Supporters want to provide families assigned to low-performing public schools more educational choices, while critics argue the plan would favor the wealthy and harm public schools.
  • The proposal limits eligibility to families earning up to triple the median income in their area and supports President Donald Trump's initiative to expand "universal school choice."
  • Republican Sen. Bill Cassidy expressed that enabling parents to select the most suitable educational options for their children supports achieving the American Dream, whereas Sasha Pudelski of AASA described the initiative as a considerable risk.
  • Critics warn the plan could create a tax shelter benefiting investors and reduce public school resources by lowering enrollment and funding allocations.
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WirePoints Illinois Financial News broke the news in on Monday, May 12, 2025.
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