Republicans Shrug Off Deficit Woes in Half-Trillion-Dollar Binge

[PoliticAverse]

Republicans in the U.S. Congress who came to power pledging tight-fisted budgeting are going on a tax-cut and spending binge that would boost federal deficits by a half-trillion dollars.

In part, they’re doing it by sidestepping their own warnings about the perils of ringing up even more national debt. Instead, they’re choosing tax cuts and the promise of long-term savings -- and some of the Tea Party members who came to Congress on the pay-as-you-go promise are going along.

So are some Democrats, but it’s the Republican majority that has pushed these bills forward for a mix of motives -- to show voters they can cut taxes and get things done, and to avoid looking like the Party of No. Even some Republicans say it’s wrong.

Read the rest at: http://finance.yahoo.com/news/republicans-shrug-off-deficit-woes-090000125.html

[think]

1. The GOP proving once again how fiscally irresponsible they are /nt

[ladjf]

3. They are disengenuous ignoramuses. nt

[DetlefK]

2. If Obama increases the deficit by spending, we are doomed! Dooooomed!

On the other hand, that $500 billion tax-cut will pay for itself.

[NBachers]

4. They know there'll be a Democratic administration after Obama. They want to weigh it down with debt.

Typical repuke sabotage.

[moondust]

5. Anybody who believes these clowns

when they crow about "fiscal responsibility" after they blew Bill Clinton's national debt-retiring surplus to smithereens with tax cuts and endless wars--would be a good candidate for a head transplant.

[Grins]

6. They better not...

...or someone might shut the government down.

Oh, wait....

[Midnight Writer]

7. To Quote Gomer Pyle: Surprise! Surprise! Surprise!

[Evar]

8. The author is wrong. It's over $1 TRILLION!

The author is off by a half a trillion. The tax breaks the Republicans have passed was already $900 billion, and with the $269 billion estate tax repeal, the amount they've added to the deficit is over $1 trillion. We need to repeat that over and over and over, or let the GOP manipulate the message and fool the people again and again and again.

From a Huffington Post article on July 7, 2014. Rep. Kind, Democrat from Wisconsin, commenting. "Kind also noted that his committee has passed 14 permanent tax cut bills "so far at a cost of close to $900 billion." With Friday's full house vote, about two-thirds of the committee's cuts have passed."
http://www.huffingtonpost.com/2014/07/11/tax-breaks_n_5577957.html

[bemildred]

9. Being servants of the corporations, they want to demolish the US government,

as an agent of the people.

[Scuba]

10. Obama will veto this, right? Right?