First of all, the means test--and it is means tested as to who can participate in this, and I probably wouldn't have done it that way, but that is the politics of the day--is identical to the college account we have set, which means 70 percent of the benefits flow to people making $75,000 or less. It is the middle income and below who are the primary beneficiaries of the account.
Discussing the means testing of a financial account during Senate debate.
Share
More from Paul Coverdell
When the Act requires yarn to be ``wholly formed'' in the United States, am I correct that the intention of the managers is to require that all processes necessary to convert fibers into yarns-- i.e., spinning, extruding--be performed in…
I thought I distinctly understood the Senator from Washington comment that it was represented in committee that portability was indeed a voucher.
I rise specifically today about events that are under advisement this minute in Peru. As those who follow events there know, very aggressive behavior by President Fujimori led to a constitutional override of a two-term limitation on his…
Now, with respect to the provisions of the Africa and Caribbean Basin programs that deal with fabric or yarn not widely available in commercial quantities, am I correct that it is the intent of the managers that these provisions should be…
Other voices in this conversation
