On the recordApril 6, 2000
the bottom line, whether you call it a tax increase or reduction of a tax relief proposal, the net effect is between $4 billion and $6 billion is not going to be in the checking accounts of American citizens if this amendment is adopted that could theoretically otherwise be there. Taxpayers will have less if the amendment is adopted. The second point the Senator from Virginia makes about underresourced has merit. But so does mine. Yes, there are some school districts that are underresourced; those are the responsibility of those States, not the Federal Government. It is equally true that many of these jurisdictions do have the resources and for whatever reason have not made that the priority it maybe ought to have been. There is no doubt about it. We can name any number of jurisdictions that have underequipped schools that sit in municipalities or counties that have innumerable resources.
Source
govinfo.gov
