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New Tax Credit Program Boosts K-12 Scholarships in 29 States

4/14/2026

Summary

Federal Tax Credit Initiative

Starting in 2027, the federal tax credit scholarship program provides a 100% tax credit up to $1,700 for contributions to scholarship-granting organizations.
The initiative funds scholarships through private donations rather than government funds to expand K-12 educational opportunities.
Twenty-nine states have opted into the program.
States that do not participate risk leaving students without access to these scholarships and creating competitive disadvantages for families seeking educational alternatives.

Summary

Trump Nominates Warsh

U.S. President Donald Trump nominated Kevin Warsh for Federal Reserve chair.
Warsh has submitted ethics paperwork, clearing a key hurdle for confirmation.
Warsh's financial disclosures show assets between $131 million and $209 million.
Senator Thom Tillis vows to block nominees until the Department of Justice finishes its Powell investigation.
Senate Banking Committee Chairman Tim Scott remains optimistic Warsh will be confirmed before Powell's term ends on May 15, 2025.

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Federal Tax Credit Initiative

Starting in 2027, the federal tax credit scholarship program provides a 100% tax credit up to $1,700 for contributions to scholarship-granting organizations.
The initiative funds scholarships through private donations rather than government funds to expand K-12 educational opportunities.
Twenty-nine states have opted into the program.
States that do not participate risk leaving students without access to these scholarships and creating competitive disadvantages for families seeking educational alternatives.

1 / 2