A few key provisions include increasing the child tax credit to $2,500 per child, raising the standard deduction for all filers, establishing savings accounts for newborns, and creating a new deduction on Social Security benefits for senior citizens. For the average family of four in North Dakota, this package will help save an estimated $1,600 in taxes. That buys about eight weeks of groceries. This is your money staying with your family exactly where it belongs. This bill is also pro business. (02:25–02:35)
CLAIM
Asserts that the bill will save an average family of four in North Dakota an estimated $1,600 in taxes.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
