Political Quotes

“I think if we want to let people set aside funds and get a tax break for college, this is crucial. I think at this point to expand this idea to get to K through 12, as Senator Dodd pointed out, if this is on the level and people start spending it when the child is 5, they essentially have 5 years to save, whereas what we are suggesting is that people can do much better. They can take that money and use it, say, long term for 18 years, have more of a buildup and have more of a fund. What I am fearful of, if we start with all of these, is that only the wealthiest people will be able to do it. They will do it for both. Again, we start rewarding the people in our society--God bless them, and I have nothing but respect for people who manage to make it. We are rewarding them and we are not doing a thing to help the average person.”