On the recordSeptember 12, 1995
Because we would like to see some innovation occur at the State level. We believe if you lock in the Federal contribution and give the States the opportunity to actually save dollars, that is the key. When you say, ``Well, the States can go ahead and reduce their dollars,'' but when they reduce their dollars, they lose Federal dollars. So in a sense they are a wash because, sure, they have spent $1 less of their money but they get $1 less. So they are pretty much held harmless. I think that is not a great incentive to save money if in fact for every dollar you save you lose a dollar.
Source
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