Republicans Announce Education Freedom Tax Credit to Expand K-12 School Choice.

The Education Freedom Tax Credit, created by the Working Families Tax Cuts, allows taxpayers to claim up to $1,700 for contributions to K-12 scholarship organizations. This program, set to launch on January 1, 2027, has been adopted by thirty states. Treasury estimates that by 2030, the program could fund up to 2.2 million scholarships annually, covering costs like private school tuition, tutoring, and special-needs services.