President Trump’s «big, beautiful bill» created a federal tax-credit scholarship program which will help millions access school choice.
President Donald Trump’s «big, beautiful bill» will have a huge impact on education in the country, considered «the biggest piece of legislation that’s ever passed in school choice history» by establishing a federal tax-credit scholarship program.
American Federation for Children President Tommy Schultz told Fox News Digital that he has been working on the legislation for 10 years.
«Every state essentially will have the opportunity to potentially have school choice thanks to this tax-credit scholarship, which will allow any individual in America to donate $1,700 to a local scholarship group, and they can get a full 100% tax-credit, dollar-for-dollar tax-credit. And at the end of the day, this could help millions of families get access to the school of their choice», Schultz said.
The American Federation for Children is a pro-school choice group, pushing to allow parents to send their kids to schools outside their neighborhood or opt out of going to public school.
TRUMP SIGNS ‘BIG, BEAUTIFUL’ BILL IN SWEEPING VICTORY FOR SECOND TERM AGENDA, OVERCOMING DEMS AND GOP REBELS
Trump signed the $3.3 trillion bill last week, including key provisions that would permanently establish individual and business tax breaks included in Trump’s 2017 Tax Cuts and Jobs Act, and incorporate new tax deductions to cut duties on tips and overtime pay. What are the benefits of tax-credit scholarship programs?
The bill instituted a federal tax-credit scholarship, seeking to expand education opportunities in all 50 states.
«Tax credits are a funding mechanism for private school choice programs. Whereas in the states, you have scholarship programs – those are direct appropriations from the state government coffers», Schultz said.
