Proposal would make preschool available to all American children within five years
http://www.nydailynews.com/news/politics/proposal-suggests-universal-preschool-american-children-article-1.1257642
The plan was released by the Center for American Progress, which has close ties to the White House. Education Department officials have signaled that President Obama will make pre-kindergarten programs a priority during his second term.
THE ASSOCIATED PRESS
Thursday, February 7, 2013, 9:21 AM
Currently, the average subsidy is about $5,600 annually — far short the actual cost of caring for these infants and toddlers. The proposal would have federal tax dollars cover 75 percent of the subsidy program and take the annual amount to about $7,200. States would be left to pick up the rest.
That part of the proposal would cost the federal government an estimated $84.2 billion over its first decade.
The proposal also would increase the number of students in Early Head Start programs from 120,000 to 240,000. That piece of the plan would cost $11.5 billion over its first 10 years.
NO
$84 bil over 10 yrs?
Bernanke and Geithner can create that much during morning coffee....