Mark Neumann: “I rise today really to call attention to the part of the recently passed plan that balances the budget for the first…”

“I rise today really to call attention to the part of the recently passed plan that balances the budget for the first time since 1969, reduces taxes for the first time in 16 years, and restores Medicare to that part of the plan that specifically addresses education, because education is extremely important in this Nation. As a former math teacher, I know that without a proper education, our students do not have a shot at the American dream. In this tax cut package we have $1,500 for most freshmen and sophomores in college. That is, when their parents fill out their tax forms next year, they will simply subtract $1,500 of the bottom line and keep that in their own homes, instead of sending it to Washington, DC. For most juniors and seniors that number is $1,000. For grandparents and parents who would like to start saving for their children's education in the future, we have established an account called an Education Savings Account, and it works like this: You can put up to $500 per year per child into the account to prepare for their education.”