How Biden's universal preschool plan may impact Colorado's own program Mayo Davison and last updated 2021-04-28 20:34:28-04 COLORADO SPRINGS â During a speech Wednesday before Congress, President Joe Biden is expected to unveil a $1.8 trillion American Families Plan that invests in families, children, and the education system. The proposal will direct $200 billion toward tuition-free community college for two years, teacher scholarships, and universal pre-school for all three- and four-year-olds through a national partnership with states. Last year, Colorado voters approved Proposition EE which hiked taxes on tobacco products and levied the first-ever tax on vaping. Lawmakers created the measure to accomplish three things: backfill some of the budget cuts to K-12 education, provide additional tobacco cessation and prevention services, and fund universal free preschool.