[Congressional Record Volume 146, Number 37 (Wednesday, March 29, 2000)]
[House]
[Page H1483]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




            THE EDUCATION SAVINGS AND SCHOOL EXCELLENCE ACT

  (Mr. SCHAFFER asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. SCHAFFER. Mr. Speaker, tomorrow the House will consider the 
Education Savings and School Excellence Act. The proposal allows 
parents to invest more in their child's education. It allows other 
relatives, such as grandparents, aunts, and uncles, to invest in a 
child's education. A parent's employer may contribute, too.
  These vital education resources will be made available to cover 
education expenses that best meet the child's need, be it a tutor, 
books, tuition, or even a computer.
  H.R. 7 would help the families of at least 52 million children. 
Seventy percent of the tax savings under our Education Savings and 
School Excellence Act will go to children in public schools whose 
parents make less than $75,000 a year, and 76 percent of the children 
who will benefit from ESA's attend public schools.
  Promoting greater investment in learning is not an issue of rich 
versus poor or Democrat versus Republican, it is about fairness. It is 
about doing what is right.
  Mr. Speaker, I ask my colleagues, let us pass H.R. 7, the Education 
Savings and School Excellence Act. Let us make sure no child is left 
behind.

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