Salmon: School Choice Education Savings Account Act a Good Investment

Statement

Today, Rep. Matt Salmon (AZ-05) released the following statement on the introduction of his newest education-focused legislation, the School Choice Education Savings Account Act:

"Last night in the State of the Union address, President Obama said, "Research shows that one of the best investments we can make in a child's life is high-quality early education." One of the ways we can truly invest in our children's education is to provide parents with more flexibility, including the expansion of tax savings accounts for their children's education from kindergarten through college.

"As a Member of the House Committee on Education and the Workforce, I take to heart President Reagan's invaluable words about school choice. He said, "Choice represents a return to some of our most basic notions about education. In particular, programs emphasizing choice reflect the simple truth that the keys to educational success are schools and teachers that teach, and parents who insist that their children learn."

"In honor of School Choice Week, I introduced legislation that will offer parents the ability to use 529 tax savings accounts for qualified K-12 expenses as well as college expenses. By offering this flexibility to parents, they can save and invest in their students' whole education from kindergarten through college. This will provide parents more choices of schools, supplemental educational opportunities and necessary equipment for their children. When parents are given greater flexibility in school choice, children win."

Source