This past July we passed the historic Working Families Tax Cut Act. And in that act we did a lot of investment in education. We expanded the 529 savings accounts to allow more parents to be able to set aside funding for private education. if they choose to do that, and put that in their 529 so it could grow tax free. We invested more into Pell Grants and expanded the growth of Pell Grants. (04:15–04:22)
CLAIM
Asserts that 529 savings accounts were expanded to support private education funding.
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