Johnny Isakson: “I thank the Senator from Missouri. I make the point that I have enjoyed the last 19 years serving with him in the…”

“I thank the Senator from Missouri. I make the point that I have enjoyed the last 19 years serving with him in the Congress of the United States. He was elected 2 years before me to the House of Representatives. I came a little bit later, but I preceded him in the Senate in 2004. He has been great to work with. The Show Me State of Missouri is an awful lot like my State of Georgia. They are proud of their country. They are proud to be Americans. They are proud of the chance to have an opportunity to make an honest living and want to be a part of a country that continues to grow and have prosperity for the future. We had a hearing in the Finance Committee yesterday where there was an interesting study I had not seen before. It had been done by a Harvard student, who I assume was correct. Ninety percent of the people born in the 1940s ended up making more than their parents did when they went to work. But only about 40 percent of the people born in the 1980s will end up making more than their parents did, meaning that as we have gone along the way since World War II, we have taken more and more away from the opportunity in the earning level and more money has gone to different places, like taxation. Personally, I think the Finance Committee and the leadership of the Big 6, so to speak, have done us a great favor to open the debate on tax reform in America. Unlike some of the debates we have had recently, this debate is open-ended.…”