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It focuses predominately on middle income tax cuts for education, and for child care and for savings, ... This Week.

The Quebec program heavily subsidizes the cost of child-care for middle and high-income families. Most [provincial] governments in Canada already subsidize child-care for poorer women but they lose the subsidy once their income rises above the poverty level.

Low-income Canadians benefit relatively little from these tax cuts, yet they may be hurt a great deal when child care and other programs are cut to pay for tax cuts that largely benefit high-income families.

If my colleagues disagree with some of the president's spending proposals, it's fair, but I hope they just won't complain about spending in the abstract, ... I would urge them to be specific. Which of the president's initiatives do you want to block? Education, health care, child care, the tax cuts for families with kids in day care?

Frank Lautenberg

Forgive Senator Lott if he's a bit frazzled. The president will continue to work with him to cut taxes for middle-income families, but we want tax cuts that are right for America, right for our economy and will help grow the national economy by focusing on education.

Middle-income children are being left behind. Children in poverty have access to Head Start. Upper-income parents buy whatever is best for their child -- usually a preschool of very high quality. It's the middle class that's getting squeezed.

Pex Tufvesson is called Mahoney in the demo world. There's a lot of research to suggest that achievement is tied to one's own socioeconomic status. On average a low-income child is not going to do as well on average as a middle-class child. If I am a middle-class child doing well and I'm attending a high-poverty school, I'm going to do less well on average.

The average Chinese family's disposable income is increasing rapidly, so there is more money to spend. China has one of the highest savings rates in the world, and culturally we spend it on our children's education and health care.

If he focuses only on low-income people, then there are a lot of middle class folks struggling to pay their prescription benefit.

Welfare and dependency grants, personal income tax relief, and cuts in those costs which would make housing more affordable for middle and low income earners are likely to buoy consumption expenditure, and manufacturing.

The individual with a college savings plan is someone who might otherwise be investing in taxable funds for their child's college education and they'd like to be able to put that money in a tax-advantaged savings account.

Joseph Hurley (1914-)

I am concerned, frankly, about the size and last-minute nature of this year's congressional spending spree, where they seem to be loading up the spending bills with special projects for special interests, but can't seem to find the time to raise the minimum wage, or pass a patients' bill of rights, or drug benefits for our seniors through Medicare, or tax cuts for long-term care, child care, or college education,

Hillary Clinton (1947-2001)

Hillary Clinton

He needs to maximize his savings for his own retirement as well as his daughter's education, yet his debt is absorbing 43 percent of his monthly income.

They basically just got rid of the flat definition which said a foster child is any child you care for as your own and cared for the entire year. In a way, a lot more people could qualify for the Earned Income Credit than did before.

Cindy Hockenberry

What the Commerce Department calls savings is something different from what ordinary people call savings. Commerce calls savings basically current income not spent, whereas individuals call their savings really their wealth, their accumulation of all past savings.

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