On the recordMay 8, 2002
That system, with the tax credit, is going to stay in place. We are not going to take money out of that system, although that system takes out about a quarter to a third of every dollar that we commit to spending on education. When the dollar starts here in Washington, before it ever gets into a classroom, we think we lose a third. We are not going to get into that argument as to whether that system is effective, efficient, and whether it is working or not because the other thing that comes along with that is when that 67 cents get into that local classroom, the local teacher, the local principal, the local superintendent, they have been told pretty much how to spend this money and what they can spend it on. We are not threatening that system. We are leaving that system intact. We have tried that before, saying we do not think that system works and all of that. We are just saying that, hey, there appear to be a lot of people in Washington and maybe even at the State level and a lot of people in this Chamber would like that process that says, ``We are willing to have 33 percent of every dollar bleed off just so that we can use that money here in Washington to tell people what to do in their classroom at home, we think that is a good deal.''
Source
govinfo.gov




