New Federal Tax Credit Boosts School Choice—but Blue States Face Big Decision
The federal government will now subsidize private-school tuition, via unusually generous tax credits for donations to nonprofits. However, governors must opt into the program. Democratic-led states may reject it, derailing school-choice advocates' goal for a nationwide effort.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
5 minutes ago
- Yahoo
Trump administration not in a rush to replace Powell, Treasury chief Bessent says
WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Wednesday told Bloomberg TV in an interview that the Trump administration was not in a rush to nominate a new Federal Reserve Chair to replace Jerome Powell. Bessent said he continues to have regular meetings with Powell and that Powell had not told him whether he would leave his board seat. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 minutes ago
- Yahoo
Rep. Ro Khanna Says Mike Johnson's Decision To Shut Down The House Early Speaks Volumes
Rep. Ro Khanna (D-Calif.) on Tuesday said House Speaker Mike Johnson's (R-La.) call to abruptly shut down the lower chamber ahead of schedule was a calculated decision to block a vote on the release of files related to disgraced financier Jeffrey Epstein and was likely made at the direction of President Donald Trump. Johnson on Tuesday canceled upcoming votes, announcing he would send lawmakers home for a five-week recess on Wednesday evening, while calling the controversy around the Epstein files a 'Democrat sideshow.' In an interview with CNN's 'AC360,' Khanna, one of the Democrats leading the bipartisan effort to release the documents, said Johnson took action because he knew their resolution had the votes to pass and he didn't 'want to embarrass the members of his own caucus.' Khanna added that their resolution has secured the approval of several GOP members, including Thomas Massie (Ky.), Marjorie Taylor Greene (Ga.), Nancy Mace (S.C.) and Tim Burchett (Tenn.). 'I don't think they've ever in my entire nine years in Congress, sponsored any legislation that I've introduced,' Khanna said. 'So this is something that he knows his base wants. It would overwhelmingly pass, and so he's literally closing Congress because he doesn't want to vote on our bill, or any bill or any amendment related to the release of the Epstein files,' Khanna told CNN's John Berman of Johnson. Asked if he believed Trump pushed Johnson to call for an early recess, Khanna said the president was most likely involved in the decision, citing Johnson's reluctance to put up a nonbinding resolution calling on the White House to release the files up for a vote. 'The president simply does not want [Johnson] to have any vote on any bill or any amendment regarding Epstein,' Khanna said. 'But this issue is not going away.' Meanwhile, the House Oversight Committee agreed in a voice vote to ask Epstein collaborator Ghislaine Maxwell to provide a deposition. Separately, the Justice Department also wants to speak to Maxwell. The president's relationship to Epstein is getting fresh scrutiny after CNN on Wednesday released images of him attending Trump's wedding to Marla Maples in 1993 as well as video of the two men attending a Victoria's Secret event in 1999. When CNN approached Trump for comment on the unearthed wedding photos, Trump replied: 'You've got to be kidding me,' before blasting the network as 'fake news' and ending the call. The network's reporting follows a Wall Street Journal report last week stating that the newspaper reviewed a 'bawdy' birthday message Trump wrote to Epstein in 2003 as part of a surprise put together by Maxwell. Trump blasted the report as fake and sued the paper and its owner Rupert Murdoch over its contents. Related... Trump Continues Evading Questions About His Child Sex Trafficking Friends 'Now Do Epstein': Martin Luther King Jr.'s Daughter Takes Aim At Trump Over Released MLK Files Mike Johnson Shuts Down House Early To Block Vote On Jeffrey Epstein Files
Yahoo
5 minutes ago
- Yahoo
US Treasury's Bessent says Trump has leverage with tariff rates
WASHINGTON (Reuters) -U.S. President Donald Trump has created a lot of leverage on trade with his letters on tariff rates, U.S. Treasury Secretary Scott Bessent told Bloomberg Television in an interview on Wednesday. "President Trump is creating this leverage by saying: if you don't want to negotiate with me, I've sent you a letter with a high rate. Have at the high rate or come and negotiate in better fashion," Bessent said. Sign in to access your portfolio