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News Brief

March 19, 1998
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The U.S. Senate is poised to debate legislation that would give tax breaks to people who save money for school expenses. The proposal, sponsored by Sens. Paul Coverdell (R-Ga.) and Robert Torricelli (D-N.J.), would expand so-called education IRAs, originally established for college savings, and allow money from them to be used for expenses for kindergarten through 12th grade in any private, public or religious school. The Orthodox Union supports the plan, while other Jewish groups contend it would indirectly result in government funding of religious schools and harm public education.

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