By now, you’ve probably seen the headlines about President Obama proposing to cut down summer breaks in favor of more time in school, as well as extending hours and opening schools on weekends. And while inevitable moans, tears and tantrums may ensue from your backpack-carrying bunch, the effects could prove monumental—both to you and your tot.

Kids love summer vacation, but three months away from the classroom can be a scheduling nightmare for a busy parent. Instead of stressing over lining up and paying for after-school care, you might feel more at ease knowing your children are safe at school. But there are, of course, downsides. The cost would be extreme, especially in an economy that’s drowning in a swamp of debt, unable to adequately pay educators for their current hours. And we know exactly who will be footing the bill—you.

How do you feel about your youngsters spending longer hours in school on top of a longer academic year? Would you rather pay more tax money for extra school hours or are you content with your current arrangements?