Gregory Meeks: “John Kerry has what he calls a ``college opportunity tax credit.'' What this simply says, it will make 4 years of…”

“John Kerry has what he calls a ``college opportunity tax credit.'' What this simply says, it will make 4 years of college affordable for all Americans. We are talking about all Americans here. He will provide a credit for each and every year of college on the first $4,000 paid in tuition, and that is the typical tuition cost and fees at our public institutions and universities. Senator Kerry's tax credit will be refundable to our most economically-vulnerable students and for those who receive other credits. That is the direction that we should be moving in. That is why the gentlewoman from California (Leader Pelosi) was here leading the 30-Something hour. That is why I think that we have the gentleman from Ohio here and the gentleman from Florida here and the gentlewoman from California who was here and others that are involved, that is the direction of continuing the greatness of America by investing in our young to make sure that their tomorrow is brighter than our today.”