Abolishment of the Department of Education with funding reallocated to states for elementary and secondary education.
The bill proposes to abolish the Department of Education and transfer its functions to the Secretary of the Treasury. It mandates that the Secretary allocate funds to states based on federal individual income taxes paid by residents. These funds are intended to support elementary and secondary education, promoting competition and parental choice in education. The bill excludes the Federal Pell Grant program from the reallocation.
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