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Young Americans

As they pursue an education or enter the workforce in these hard economic times, young Americans are rightly wondering whether they’ll have the same opportunities to succeed as their parents’ generation. That’s why Democrats are working to help young Americans afford higher education and skills training, find well-paying jobs, and make the most of their talents. Democrats are defending these programs from Republicans’ proposed budget cuts and their efforts to roll back student loan protection programs. Democrats enacted the largest investment in student aid in its history, without increasing the deficit, by cutting out wasteful taxpayer subsidies to big banks and directing the money to increased and more affordable loans for students. We also helped make college more affordable by increasing Pell Grant awards to nearly $6,000. In addition, Democrats successfully fought to pass a G.I. bill for the 21st Century, which helps post-9/11 veterans attend college. Democrats understand how hard it is for many young Americans to afford health insurance. That’s why, under the Affordable Care Act, young Americans starting their careers will be able to stay covered on their parents’ health insurance plans until their 26th birthday, and innovators, both young and old, will be able to afford insurance if they start a new business. One of the most important issues for young people’s futures is fiscal responsibility. Every dollar we borrow today means more debt, and less opportunity, for the generations to come, which is why Democrats are fighting to put our country back on a path to a balanced budget. We restored the pay-as-you-go law, which requires Congress to find a dollar of savings for every dollar it spends, and which and helped create budget surpluses under President Clinton.

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This week, House Republicans will vote again for their budget that ends the Medicare guarantee and puts our economic recovery at risk, while cutting taxes for the wealthy. Back in their districts, it was poorly received by voters who are concerned about the impact of the budget.

But there is no balance in this proposal. Seniors, middle class, vulnerable, working Americans are asked to pay the price of this agreement. And, indeed, not only are they asked to pay the price, but the best-off among us is asked to do the least. That's not the America of which we are all proud that has worked together, sacrificed together at times, to come together to make a joint contribution to the welfare of this country.

The Democratic Whip’s office has created the following online quiz to show how the Republican budget will impact seniors, the middle class, working families, and the most vulnerable by refusing to ask the wealthiest among us to contribute.

The Chairman of the Budget Committee has spoken of a choice between two futures.  He is correct in framing it this way.  The budget he proposes would end the Medicare guarantee, cut taxes for the wealthiest, and place our economic recovery at risk. 

Last week, House Republicans put forward a more-of-the-same budget that ends the Medicare guarantee while protecting tax cuts for the wealthiest Americans, and puts our economic recovery and jobs at risk. While Republicans were clear that they want to protect tax cuts for the wealthiest Americans and place the burden of deficit reduction onto seniors, the middle class, working families, and the most vulnerable, their budget left several questions unanswered.

They have offered a budget that is somewhat a reprise of last year's. It savages Medicare, turns the guarantee into a higher cost, problematic benefit. We don't think that's what the American people want. Secondly, it makes again the tax disparities between our people even greater. It shifts resources from the middle class and poor to the wealthiest in America. It gives $150,000 additional tax cut to millionaires and doesn't say how you're going to pay for that, $10 trillion in additional tax cuts, which clearly means you're going to explode the deficit even more. They pretend they will cut out preference items. They also in that process severely undermine investments in our future, investments in education, investments in research, investments in growing jobs, investments in infrastructure. Clearly, with the result of diminishing the quality of our society in the long run, and don't get to balance.

Last week, House Republicans introduced a budget for fiscal year 2013 that is a repeat of the budget they put forward last year. It ends the Medicare guarantee while protecting tax cuts for the wealthiest Americans, and according to the Economic Policy Institute, puts four million jobs at risk. Instead of pursuing a budget that creates jobs, strengthens entitlements, reduces the deficit in a balanced way, and asks all Americans to contribute their fair share, the Republican budget makes the wrong choices.

Today marks the second anniversary of the Affordable Care Act, a law that is already delivering greater access to high quality care, stronger patient protections, and more predictable health care costs to American families and businesses – all while reducing the deficit.  Today, insurance companies can no longer discriminate against children with pre-existing conditions – a protection that will extend to all Americans by 2014.  They can no longer impose arbitrary caps on coverage, charge women higher premiums than men for the exact same policies, or drop people from their plans when they get sick.  Medicare beneficiaries now pay less for their drugs and nothing for their preventive care, and their premiums have either held steady or outright declined.

Two years ago today, the Affordable Care Act was signed into law. It was a major step forward in our efforts to provide access to affordable health care to more Americans. Today, millions of Americans are already seeing the benefits.

Yesterday, Republicans unveiled a more-of-the-same budget for fiscal year 2013 that ends the Medicare guarantee while protecting tax cuts for the wealthy, and puts our economic recovery at risk. The Republican budget makes the wrong choices and places the burden of deficit reduction onto seniors, the middle class, working families, and the most vulnerable by refusing to ask the wealthiest among us to contribute. Budget Committee Chairman Paul Ryan called on the American people to make a choice between two futuresfor our nation. Here’s a look at our future under the Republican budget – and the future Democrats envision instead.