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Investing in Young America: What’s in the President’s Budget?

On April 10, 2013, the White House released the President’s budget for 2014. Below we have detailed the parts of the budget that most affect young adults and our economic future, analyzing funding for youth jobs, higher education, and health care. 

For jobs and the economy, the President’s budget:

  • Fully replaces automatic sequester cuts that have reduced funding for anything from job training to student aid.
  • Includes a $12.5 billion Pathways Back to Work Fund, including support for summer and year-round jobs for low-income youth.
  • Funds approximately 82,000 AmeriCorps members, a decrease of $2 million dollars and 500 fewer jobs than last year.

Takeaway: Overall, the budget includes broader investment to help address the unemployment crisis faced by young Americans.

Click here to read the full fact sheet.