New Tax Credit Could Help Kids Escape Failing Schools | ACE Scholarships

In the Daily Caller article “New Tax Credit Could Help Millions of Kids Escape Failing Schools — If Their Governor Allows It,” education reporters explain how the newly enacted federal school-choice tax credit could transform access to educational opportunities when it takes effect on January 1, 2027. The story breaks down the first-of-its-kind federal policy, tucked into the President’s One, Big, Beautiful Bill Act, which lets taxpayers redirect up to $1,700 of their federal income tax to donations supporting state-approved scholarship organizations that serve low- and moderate-income families—but only if their governor opts into the program. ACE Scholarships’ CEO Norton Rainey tells the Daily Caller that the initiative could be “a game-changer” for children stuck in struggling schools, while critics warn governors against participation and caution about impacts on public education.