Bob Schaffer: “Sorry, $594 million. In 1996 it was $712 million. The Secretary claims now that the fund is at $189 million. But there…”

“Sorry, $594 million. In 1996 it was $712 million. The Secretary claims now that the fund is at $189 million. But there is this short-term clearing account and there is another one called a long-term clearing account, and the Secretary suggests that there is $41 million on hand there, for a grand total of $228 million, according to the Secretary's analysis that he was able to scrap together on Friday. The point being, even if we are wrong, the fact remains there is $228 million sitting in three clearing accounts over at the Department of Education, which is, coincidently, close, not exactly to the dollar figure, but close to the 1 percent savings we are trying to get at. So we may not be able to find the whole penny in this account, but I am sure if the gentleman and I were able to figure this out within the course of a couple weeks of investigation and discussion with other members of the Secretary's staff, by the time we all worked cooperatively together to realize that this is an important legitimate national goal, to secure savings and put dollars in the classroom rather than leaving them tied up in Washington, that we can find that one penny savings.”