Proposed Rule Released for Federal Education Freedom Tax Credit, Sparking Debate

The U.S. Department of Treasury has released the proposed rule for the Education Freedom Tax Credit, the first federal school choice program available nationwide. This development, stemming from the 2025 One Big Beautiful Bill, is being celebrated by private school choice advocates who foresee billions in taxpayer donations flowing to schools, while critics express concerns about potential subsidies for private education and financial harm to public schools.