[Congressional Record Volume 144, Number 94 (Wednesday, July 15, 1998)]
[House]
[Page H5505]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




      PRESIDENT SHOULD SIGN EDUCATION SAVINGS ACCOUNTS LEGISLATION

  (Mr. PAPPAS asked and was given permission to address the House for 1 
minute.)
  Mr. PAPPAS. Mr. Speaker, the President has an opportunity to help 
middle class parents give their kids more opportunities in life. 
Congress passed legislation that would create education savings 
accounts, which means that middle class parents could save in tax-free 
accounts and use it towards their children's education. They could use 
it in any way that they wished, towards private schooling for extra 
tutoring, or for special help in meeting the needs of disabled 
children.
  It is an insult to parents everywhere to suggest that they are 
incapable of saving for their children's education, and it is either 
naive or simply dishonest of liberals to say that the education savings 
accounts would not benefit poor parents because only private schools 
costing thousands and thousands of dollars are in existence.
  Let us help parents save for their children's education. The 
President should sign this legislation today.

                          ____________________