[Congressional Record (Bound Edition), Volume 161 (2015), Part 2]
[House]
[Page 2535]
[From the U.S. Government Publishing Office, www.gpo.gov]




          STRENGTHENING TAX-FREE 529 COLLEGE SAVINGS ACCOUNTS

  (Mr. MARCHANT asked and was given permission to address the House for 
1 minute.)
  Mr. MARCHANT. Mr. Speaker, I rise in support of H.R. 529, a bill I 
have cosponsored that strengthens tax-free 529 college savings 
accounts. The cost of higher ed has increased by more than 500 percent 
since 1985, yet the President recently proposed a tax hike on 529 
savings of students and middle class families.
  There is a big difference between being able to afford college and 
being able to pay for it. The 529s help bridge that gap for millions of 
working Americans who make too little to cover tuition but just enough 
to be ineligible for financial aid.
  Our Nation's long-term prosperity depends on our ability to prepare 
the next generation for success. Let's start now by passing H.R. 529.

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