Chris Dodd: “The fact is, according to the Joint Tax Committee, which analyzed this proposal, if you are the family of a child in a…”

“The fact is, according to the Joint Tax Committee, which analyzed this proposal, if you are the family of a child in a public school, the tax benefit to you over 5 years is $20.50. That is the tax benefit to a family whose child is in a public school. Is it worth taking that much off the table in the name of education and providing tax relief which is so nominal it is hardly worth mentioning? ... The idea that we can just take $1.2 billion off the table is a flawed idea. Even if you accept the point of my colleagues and leverage private dollars, it may generate some of this activity they are talking about, but the fact is, it is $1.2 billion. It is rolling the dice, in effect. I have suggested that there is $1.2 billion that could be used to defray the cost of special education.”