On the recordMarch 28, 2000
I find it amusing that we could say that the current law, which allows education savings accounts to be used in saving, and a child can go to Notre Dame, but it would be unconstitutional to use that same money to send that child to St. Pious High School, which is a Catholic high school in my district. It is fully constitutional and complies with all of the constitutional mandates for use of public funds. This is not about vouchers, though some people are going to argue that, as well. If we are allowed to take money after we have paid taxes on it and put it in an account so it can accrue interest without paying taxes on that interest, that is our money. We use that money. The only thing that is different about it is that they are not going to take the taxes on it if we say we are going to use that money to invest in our child's education. That is the only thing that is going on here.
Source
govinfo.gov
