Supporters: Universal pre-kindergarten could save New York City $3.5 billion
Related mediaDe Blasio proposes universal pre-K plan
NEW YORK - Supporters of a plan for free universal pre-kindergarten say that it could save the city $3.5 billion.
Mayor Bill de Blasio wants to raise income taxes for people who make $500,000 a year or more to help pay for preschool for 50,000 kids.
His backers say it will not only help the city's youth, but also benefit taxpayers in the long run.
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The future of the universal pre-K plan now rests in the hands of New York State, which must approve the income tax hike before the program's funding can move forward.