Christopher Shays: “Thirty-eight percent of their income is paid in taxes, where when my parents were raising me it was about 15 percent.…”

“Thirty-eight percent of their income is paid in taxes, where when my parents were raising me it was about 15 percent. And my parents were allowed a much larger deduction per child than families are today. Let me close and thank my colleagues for joining me by saying that this new Republican majority has three basic objectives: to get our financial house in order and balance the budget; and the second, to save our trust funds particularly Medicare from bankruptcy; and our third effort is to transform our caretaking society into a caring society, to transform our caretaking social and corporate and agricultural welfare state into a caring opportunity society. We are looking to bring money, power, and influence out of Washington back to people in local communities. And we are going to do this for the good of the children because, as Mr. Rabin said, the former Prime Minister of Israel, politicians are elected by adults to represent the children. And this Republican Congress is looking to represent the children so that they have a brighter future than we had.”