00:17:06.640It was tied, and so the vice president came down at 1 in the morning and broke the vote.
00:17:11.080It remains, to date, the single most far-reaching federal school choice bill that's ever passed.
00:17:16.720Now, when Trump was president, I then introduced a much broader school choice bill.
00:17:22.780And it was a school choice bill that I introduced along with President Trump's secretary of education at the Department of Education.
00:17:30.360And it would create a federal tax credit for contributions given to scholarship-granting organizations in the states.
00:17:39.300The states would administer them. The states would run them.
00:17:41.860But you would get a dollar-for-dollar contribution.
00:17:44.300So if Ben Ferguson gave money to a scholarship-granting organization in Texas,
00:17:49.420you would get a credit on your federal income tax for the amount of your contribution.
00:17:54.160And it was structured so it was $10 billion a year, so $100 billion over 10 years.
00:18:00.180Now, there are no federal strings on the money, other than the only requirement is that the scholarship-granting organizations cannot discriminate against private or parochial schools.
00:18:13.020They have to let the parents and the kids actually decide.
00:18:16.940And as long as the parents and kids are choosing, it is up to the states to administer and the parents and kids to administer.
00:18:24.040So that bill I rolled out at the Department of Education.
00:18:27.580President Trump, in the State of the Union address, called on Congress to pass it.
00:18:34.140The problem is every Democrat in the Senate opposes school choice because the teachers' unions are the single most important donors and the most important foot soldiers for Democrat candidates.
00:18:47.240And so every one of the Democrats is more afraid of the teachers' union bosses than they are motivated to help the kids who are trapped in failing schools.
00:19:06.640Budget reconciliation means that we can pass a tax bill with only 50 votes in the Senate, with only Republican votes.
00:19:15.440So I'll tell you, I am making the hard run at my colleagues, that we have the chance right now, as a part of one big, bold, beautiful bill, to pass the biggest federal school choice bill in history.
00:19:35.980We had this past week, we had a retreat of all the Senate Republicans, and we're talking about all the different priorities for budget reconciliation that we're trying to pass.
00:19:47.440And one of the things I stood up and said to my colleagues is, look, this bill is going to be $4 trillion, $4.5 trillion.
00:19:53.780It's going to be a big bill that impacts a lot of things.
00:19:56.640A lot of what we're working on, individual tax cuts, corporate tax cuts, small business tax cuts, those are all massively, massively important.
00:20:04.280But I said, we ought to focus at least a little bit on legacy.
00:20:08.820We ought to focus on 10, 20, 30, 40 years from now.
00:20:16.240What will make a difference 40 years from now that people will say, this changed the country, this changed my family?
00:20:23.720And the case I made to my colleagues is there's just about nothing we could do that would have a bigger legacy than school choice, $10 billion a year in federal tax credits for contributions to scholarship granting organizations.
00:20:39.040In the states, you would see $10 billion worth of new scholarships in all 50 states.
00:20:45.060We can get that done if we simply stand together right now.
00:20:48.080Canadian women are looking for more, more out of themselves, their businesses, their elected leaders, and the world around them.
00:20:55.200And that's why we're thrilled to introduce the Honest Talk podcast.
00:22:00.760And when it comes to Iran, I'll tell you, there are some voices in Washington and the administration that are pushing for another Iran deal.