New Preschool Spending an Unnecessary Burden on American Taxpayers
President Obama has proposed spending $75 billion over the next 10 years to create a new federally funded preschool initiative. His fiscal year (FY) 2015 budget proposes spending billions to expand access to “high quality preschool” for every four-year-old child in the country. Legislative proposals in the House and Senate mirror the President’s plan. Proposals to expand federal preschool programs and spending raise a key question: Does the existing network of federal and state programs and private preschool providers fail to offer access to the low-income families who have difficultly financing pre-K on their own? Is there a need for billions in new spending and new programs?