Robert Torricelli: “Indeed, if I had to identify financially my own expectation about the largest single recipient of this funding, I…”

“Indeed, if I had to identify financially my own expectation about the largest single recipient of this funding, I suspect there is a chance it would be public schoolteachers who do the tutoring after school, who will be hired by families with money from these accounts to help students with math and science. They, dollar for dollar, may be the largest recipients. One point I did not make, and the Senator from Georgia may have made earlier, is even if Members of the Senate do not agree with us about this need for funding secondary schools, they should recognize that every dollar in these accounts at the end of the 12th grade can be transferred into a college account. This allows families to get a head start in saving money for college. So, if you voted last year for these accounts for college, this is a chance to expand them considerably to make that money available. On that basis alone, Members should feel comfortable in voting for the proposal.”