School Choice Wins Big in North Carolina. Is Texas Next?
WSJ Opinion: Potomac Watch
The Wall Street Journal
4.2 • 2.8K Ratings
🗓️ 26 September 2023
⏱️ 24 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | People are living longer, so the career you expected to cap off at 40 years could last 60. |
| 0:06.5 | There are very few people who can work 40 years and save enough money to not work for another 30. |
| 0:13.0 | Get ready for a 60-year career with a special series on your money briefing from the Wall Street Journal. |
| 0:19.0 | Wednesdays in September. |
| 0:24.0 | From the opinion pages of the Wall Street Journal, this is Potomac Watch. |
| 0:30.5 | Another big victory for school choice as North Carolina makes its voucher program universal. |
| 0:36.5 | And could Texas be next as Governor Greg Abbott calls a special legislative session. |
| 0:42.0 | Welcome, I'm Kyle Peterson with the Wall Street Journal. |
| 0:45.5 | We are joined today by my colleagues, columnists, Bill McGurne and Kim Strassel. |
| 0:52.0 | North Carolina now becomes the 10th state reportedly to have some sort of universal voucher or scholarship program was passed on Friday. |
| 1:01.5 | Bill, can you start by giving us a sense of what this law will actually do? |
| 1:06.5 | Well, they already had North Carolina opportunity scholarships, a form of voucher, and it was very popular. |
| 1:14.5 | So they basically tripled the funding and made everyone eligible. |
| 1:20.5 | Now, there's means testing so that if you make $200,000, you're not going to get the same level of scholarship that someone who earns $50,000 is. |
| 1:33.5 | But you are going to get something. |
| 1:35.5 | So it's really big leap and it was a messy process that was done as part of the budget, which was very late. |
| 1:44.5 | But the reason they were able to do it is because the Republicans held together a Democrat in the state house flipped to the Republican side. |
| 1:55.5 | And that gave them veto proof majority in both houses of the legislature over Governor Cooper's threat to veto. |
| 2:04.5 | And this is what's significant about North Carolina, because it showed that if Republicans hang together on their principles, they can prevail. |
| 2:14.5 | Because I think it's the first example where school choice passed over Governor's veto. |
| 2:21.5 | North Carolina originally created this opportunity scholarship program in 2013. |
| 2:28.5 | And I've looked into some of the mechanics. This is a rally news and the observer story. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

