Elizabeth Warren Unveils $800 Billion Plan to Reshape U.S. Public Education
- Wealth tax would cover cost for child-care, school initiatives
- Plan would restrict tech companies from sharing student data
Elizabeth Warren
Photographer: Sergio Flores/BloombergThis article is for subscribers only.
Senator Elizabeth Warren unveiled an $800 billion plan to fund her progressive proposal for reshaping U.S. public education and disclosed that her signature wealth tax will pay for school and child-care initiatives -- in effect transferring the cost of raising a child from birth to college to America’s richest families.
Warren would quadruple U.S. federal funding for public schools over 10 years, to $450 billion, and add $200 billion for students with disabilities. The spending includes $100 billion in “Excellence Grants” over a decade -- the equivalent of $1 million for every U.S. school -- and $50 billion to improve buildings and other infrastructure.