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Administration says it enacted a law creating nationwide education tax-credit scholarships and newborn "Trump Accounts" for K–12 use

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Evidence from credible sources supports the statement as accurate. Learn more in Methodology.

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The One Big Beautiful Bill has been enacted into law establishing a nationwide tax-credit scholarship program and provisions creating newborn "Trump Accounts" for K–12 529 use.

Source summary
President Donald J. Trump issued a proclamation designating January 25–31, 2026 as National School Choice Week and outlined his administration’s priorities to expand school choice. The proclamation cites the One Big Beautiful Bill, which it says creates a nationwide tax-credit scholarship program and establishes a "Trump Account" to expand 529 usage to K–12. It also notes an Executive Order directing the Department of Education to issue guidance for states on using federal funding for K–12 scholarships, prioritize school-choice grants, and a directive to facilitate closure of the Department of Education, while announcing plans to cut federal support for programs tied to Diversity, Equity, and Inclusion.
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Latest fact check

The claim is accurate: P.L. 119-21 (the One Big Beautiful Bill Act), signed July 4, 2025, includes (1) a new federal, nationwide tax-credit scholarship program for elementary and secondary education and (2) a provision establishing “Trump Accounts” (automatic newborn accounts with a federal seed contribution and expanded rules to make 529‑style funds usable for K–12 purposes). The CRS summary, IRS guidance, and contemporaneous reporting confirm both elements were enacted in the law; therefore the White House’s statement is true as written.

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Timeline

  1. Update · Jan 29, 2026, 09:33 AMTrue
    The claim is accurate: P.L. 119-21 (the One Big Beautiful Bill Act), signed July 4, 2025, includes (1) a new federal, nationwide tax-credit scholarship program for elementary and secondary education and (2) a provision establishing “Trump Accounts” (automatic newborn accounts with a federal seed contribution and expanded rules to make 529‑style funds usable for K–12 purposes). The CRS summary, IRS guidance, and contemporaneous reporting confirm both elements were enacted in the law; therefore the White House’s statement is true as written.
  2. Original article · Jan 28, 2026
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