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February 2002
This year President Bush will ask Congress to further expand options for parents and children through several proposed programs. The budget proposal includes:
* An education tax credit which offers students currently trapped in failing public schools a refundable tax credit to cover 50 percent of the first $5,000 spent on supplies and tuition at a school of their choice.
* Support for charter schools, including $200 million to stimulate continued charter school growth and $100 million for enhancement of charter school facilities.
* A new Choice Demonstration Fund to support research projects that develop, implement, and evaluate innovative approaches to providing parents with expanded school options, including both private- and public-school choice.
"Bush Budget Proposes Education Tax Credit," Washington Post, 2/4/2025
President Bush’s Proposed 2003 Budget – Education Issues
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