our self-proclaimed ``Education President'' has just seen fit to veto the most significant bipartisan education legislation passed by the 105th Congress--the Education Savings and School Excellence Act. As many Americans know, this legislation's main feature is to allow families to establish education savings accounts in which parents can invest $2,000 a year and allow that money to grow tax free. Parents can use the money to pay for school expenses including tutoring, computers, school fees and private school tuition. Why has the President seen fit to veto this legislation? Well, he has received a great deal of pressure from those who believe that we should not increase the control parents have over the education of their children. In addition to providing tax-free education savings accounts for families, this legislation includes provisions that would: authorize a literacy program to improve the reading skills of America's youth; allow Federal funding for education reform projects that provide same gender schools and classrooms; allow States to make awards to public schools that demonstrate a high level of academic achievement; and allow states to test teachers and provide merit pay programs.
Editor's note · Context
Discussing the veto of the Education Savings and School Excellence Act.
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