I appreciate the comments of the ranking member and this discussion. Let me be very clear. Let me start by just saying that Republicans continue to play politics rather than do what is best for this country, particularly to do what is responsible at a critical time for our Nation. They are once again holding American families and American businesses hostage by threatening to allow the United States to default on our debt, to not meet our responsibilities until their extreme ideological demands are met. Their plan is not a balanced approach to what is right for our country. It ends the Medicare guarantee for our seniors. Let me repeat that: It ends the Medicare guarantee for our seniors. And it slashes educational opportunities for the next generation of Americans. It inhibits our ability to foster an environment for private sector economic growth by cutting any chance of investment in scientific research and technology, in roads, bridges and highways, and in access to higher education, to the very, very kinds of actions we need to take to establish an atmosphere for private sector growth in this Nation, whether large or small business. The Republican plan is disastrous at a very fragile time in our economic recovery. It will devastate America's future economic competitiveness. The Republican majority has yet to produce legislation that puts the American economy back on track and Americans back to work.…
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