Political Quotes

“I wanted to say on the issue of why this is different than the college account--I think Senator Dodd very eloquently made the point-- our side of the aisle has been pushing for a long time to help parents send their children to college, whether it is through Pell grants, loans, or education saving accounts for college. I remember way back during the days I was in the House I was supporting these education IRAs, but the point is that it is quite different now. To go to a public college in California costs $5,000, $6,000, or $7,000 a year. Fortunately, we have free public schools. What we are looking at here is quite a different situation. We know on the face of it that 95 percent of our children go to public schools. I know the Senator says this is going to help the public schools, but our research indicates this is disproportionate. We are talking about a couple of dollars in benefits.”