Chuck Schumer: “In fact, we are doing the opposite, by paying down the debt. However, it is also balanced in terms of the needs of the…”

“In fact, we are doing the opposite, by paying down the debt. However, it is also balanced in terms of the needs of the American people. The No. 1 priority we have is to save Social Security by buying down the debt; second, target tax cuts for middle-class people who need help. They don't need help day to day. People are doing fine making $40,000, $50,000, or $60,000 a year, but they do need help with the big financial notes such as college tuition costs and long-term care. Finally, spend in a careful way in areas where we have to, such as education, where everyone knows we have to do better. I know the Senator from Washington, Mrs. Murray, has been a leader on this issue.”