On the recordApril 3, 1995
Those are priorities. I mean, we have to, we are not wealthy enough. We are going to offer an incentive program for education, recognizing that families are struggling. We heard testimony this last Friday out in San Francisco, Congresswoman Eshoo and Congresswoman Pelosi and myself, about families who were struggling far beyond the student loan debt. They have refinanced their houses. They have done everything they can. So we are going to offer--the minority leader, Mr. Gephardt, is going to offer, allow them the deductibility of those education costs and those training costs for people who are going back to school so they can keep their jobs, allow them the deductibility on student loans, allow them to set up an educational IRA so they can start saving if they have very young children. But we have enough money to do that, but we do not have enough money to do that and then to give away money to people who essentially right now do not need this kind of assistance because they are making very high incomes, in the top 1, 2, 3 percent of all the people in the country.
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