You look at things like the child tax credit which we provide in the tax code right now, because being a mom and dad is difficult and it's expensive and you need relief. Well, This provision now, much like those, is designed just like the RD tax credit, to give an incentive for contributions to scholarship granting organizations. Because those scholarships have a profound impact on the next generation of Americans. I want to commend the men and women up here for working so hard to make this a reality. (02:42–02:55)
CLAIM
Asserts that the new tax provision incentivizes contributions to scholarship organizations.
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