This is a radical effort that could cost. We don't know how it's going to cost because we don't know how many people are going to make donations. But Some estimates exceed $50 billion per year, more than the total federal spending on K12 education combined. And that's why I'm so pleased to co sponsor the Keep Public Dollars in Public Schools act of 20 which will repeal this provision from the big ugly bill. (07:35–07:46)
CLAIM
Asserts that some estimates of the cost of the taxpayer credit exceed $50 billion per year.
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