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Republican address, Rep. Jim Renacci (R-OH) talks about a new bipartisan bill that will help middle-class families by expanding 529 college savings plans – the same plans the president tried to tax. “We talk all the time about rewarding people who work hard and play by the rules - well, that's what 529 plans are,” Renacci says. The first in his family to go to college, Renacci talks about how, as an accountant, he’s seen countless families struggle to save for college.