Mandy Drogin, campaign director at Texas Public Policy Foundation —which endorses Cruz's bill and supports school choice in Texas—said the senator's legislation "empowers every family" and puts "parents in the driver's seat" of their children's education.

WASHINGTON – A federal tax credit unveiled Tuesday is U.S. Sen. Ted Cruz’s latest proposal to promote school choice. His bill would provide up to $10 billion a year for a dollar-for-dollar tax credit for contributions to nonprofit organizations that grant scholarships for K-12 public and private school students.

The bill would provide a tax credit to match an amount donated to organizations that provide K-12 scholarships.