And a fundamental shift in our K-12 investment strategy is the only way to avoid defaulting on the promise of a public education. ...
When a budget doesn't come close to adding up, the biggest expenditure usually has to give. That has meant foreclosure for many homeowners; and it means a serious restructuring of K-12 education spending for public officials. State and local governments need immediate relief from the financial demands of public schooling, and a long-term solution to the system's profligacy. ... We need a more effective and efficient means of investing in education.
The long-term solution involves tax credits, of the sort provided for in SB 969, by Sen. Dan Newberry (R-Tulsa). As Schaeffer says, "citizens and businesses want to invest directly in the effort to educate the public, and we should encourage them to do so through K-12 education tax credits. Given our state and local financial outlook, we have no promising alternative."
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