“The President believes that dramatically reducing America’s long-term deficit is essential to growing our economy and winning the future…Any plan to reduce our deficit must reflect the American values of fairness and shared sacrifice. Congressman Ryan’s plan fails this test. It cuts taxes for millionaires and special interests while placing a greater burden on seniors who depend on Medicare or live in nursing homes, families struggling with a child who has serious disabilities, workers who have lost their health care coverage, and students and their families who rely on Pell grants.”

– The White House’s response to Rep. Paul Ryan’s 2012 budget proposal