*By Carlo Versano* Young Americans face a double burden from crushing student debt and the ballooned federal deficit that resulted from President Trump's tax cut, House Speaker Nancy Pelosi told Cheddar's J.D. Durkin in an interview that aired Wednesday. Pelosi called the economic position many millennials find themselves in, even as the economy remains strong, "unconscionable." "Republicans foisted onto future generations \[an\] economy that is unfair, that is not really lending itself to growth in a strong, predictable, confident, certain way," Pelosi said. Democrats have already begun making the case to young voters that they are the party of fairness. Pelosi pointed to encouraging millennial turnout in the midterm elections and said that H.R. 1, a sweeping anti-corruption and voting rights bill that's currently in committee, is among her top legislative priorities. That bill is getting "tremendous response" from young voters who want to see more transparency around so-called "dark money" in elections and know that their vote matters, Pelosi said. That bill also includes provisions that would create automatic nationwide voter registration and crack down on gerrymandering. Conservative lobbyists have [called](http://conservativeactionproject.com/conservatives-oppose-h-r-1-the-ultimate-fantasy-of-the-left/) it "the ultimate fantasy of the left," and the GOP opposition means it has virtually no chance of becoming law while Republicans control the Senate and White House. Nevertheless, Pelosi sees that type of legislation as key to attracting broad millennial support in 2020. "That's hard to break down the skepticism that is there, but we're on a path to do it," she said. While President Trump and the GOP will likely run on a message of tax cuts and economic prosperity, Pelosi seems to believe they are vulnerable on the fairness message. "Eighty-three percent of the benefits of their tax bill went to the top 1 percent," Pelosi said. " I think that it's important to note that we want an economy that works for you... not for the top, the wealthiest people in our country." On the burden of student debt, Pelosi said she recognized that it weighed on millennials "like an anvil" as they begin their professional lives, and makes everything harder ー from getting married to starting a business. She did not mention to Cheddar any specific actions Democrats in Congress will take with regard to student debt relief, though she noted that a now-expired provision of Obamacare was built to expand funding of community colleges and Pell grants and mitigate interest rates. "We have to go back to that," she said. With a temporary break in the impasse over border wall funding heading toward a Feb. 15 appropriations deadline, Pelosi didn't show her cards on how House Democrats are negotiating to ensure the government isn't shut down again. "I think that the shutdown was a bitter pill for some of the Republicans to swallow and they might like to avoid that," she said.

Share:
More In Politics
New SEC Proposal Could Lead to Sweeping Regulation for Crypto
Jarrod Loadholt, Partner at Ice Miller, joins Cheddar News' Closing Bell, where he breaks down the latest proposal by the SEC and explains how it could allow the agency to make major regulatory moves within the cryptocurrency space if approved.
Caden Raises $3.4M in Pre-Seed Funding to Allow Users to Monetize Personal Data
Personal data platform Caden raised $3.1 million in pre-seed funding. Caden says its service allows users to have complete control over their data and earn a profit from it by sharing certain data with trusted brands, while never relinquishing ownership. The company also says its goal is to transform the internet and the use of personal data and make a better system for both consumers and brands. Caden founder and CEO John Roa joins Cheddar News' Closing Bell to discuss.
U.S. Economy Defies Omicron, Adds 467,000 Jobs in January
U.S. employers stepped up hiring in January, adding 467,000 jobs despite a wave of omicron inflections that sickened millions of workers, kept many consumers at home and left businesses from restaurants to manufacturers short-staffed.
Winter Storm Packing Snow, Freezing Rain Moves Across U.S.
A major winter storm with millions of Americans in its path brought a mix of rain, freezing rain and snow to the middle section of the United States as airlines canceled hundreds of flights, governors urged residents to stay off roads and schools closed campuses.
Russia Moves Naval Exercise That Rattled EU Member Ireland
Russia says it will relocate naval exercises off the coast of Ireland after Dublin raised concerns about them amid the tense dispute with the West over expansion of the NATO alliance and fears that Russia is preparing to invade Ukraine.
Australia Pledges $704 Million to Save Great Barrier Reef
he Australian government has pledged to spend another 1 billion Australian dollars ($704 million) over nine years on improving the health of the Great Barrier Reef after stalling a UNESCO decision on downgrading the natural wonder’s World Heritage status.
Load More