Bob Schaffer: “I would point out just to emphasize this point, that the tax credit proposal, since it is a change in Tax Code, rather…”

“I would point out just to emphasize this point, that the tax credit proposal, since it is a change in Tax Code, rather than the education budget, really has no impact at all on the funds that have been proposed by this Congress and by the President with respect to education. I know some have expressed or at least raised questions about whether a tax credit takes funds from the rest of the government school budget. The answer is clearly no. It is a separate funding stream certainly for the same purpose of trying to improve education, but one does not have any effect on the other from the standpoint of the budget and how much money there is.”