On the recordApril 24, 2002
Whether it is Arizona, Minnesota, Pennsylvania, Florida, there has been a lot of excitement around the concept of tax credits. Number one, this is a focus on the children, making sure that every child in America has the opportunity to get a quality education, that they can go to a safe and drug-free school. And that one of the ways of doing this, and this is especially true when we introduce the concept of a tax credit at the Federal level, it does become a massive infusion of new money into our educational system. But the difference between the money that is currently coming out of Washington and going to our local schools and the money that would be generated by a tax credit, the majority of the money that comes from Washington today that goes to your local school says, In exchange for this check, you will do this. As a matter of fact, in exchange for this check, you will not only do this but you will report back to us on a regular basis that you have actually done exactly what we have asked you to do.
Source
govinfo.gov




