I point out two things. The scope of the families who are eligible for the account is identical to the President's criteria for who is eligible for the account. That is one quarter the size we have already passed. If there is no difference, it is identical to the criteria of the President. Somewhere along the line, we all have to determine what the criteria are, so it is means tested. I frankly have some resistance to that, but we have accepted it. No. 2, the account allows other parties to contribute. The community described by the Senator is in all of our States. Certainly we have a large community such as that in Georgia, but an inner-city church, a labor organization, an employer, other family members, can make these accounts real. And last, from the very communities the Senator is talking about are the loudest voices for Congress to do this.
Paul Coverdell: “I point out two things. The scope of the families who are eligible for the account is identical to the President's…”
Editor's note · Context
Discussing eligibility criteria for accounts in relation to the President's proposal.
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