Where are the Fiscal Conservatives? GOP Tax Bill Adds $1.7T to Debt

Discussion in 'Politics' started by RDD_1210, Nov 8, 2017.

  1. RDD_1210
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    RDD_1210 Forms his own opinions

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    "The GOP’s tax bill would add $1.7 trillion to the national debt over the course of a decade, and increase the country’s debt-to-GDP ratio by 5.9 percentage points, according to the Congressional Budget Office."

    GOP tax bill would add $1.7 trillion to debt: CBO

    So where are those tea party conservatives that ran on a very strict ‘we will not add to the federal debt/deficit!’

    Clearly, that policy does not apply to tax breaks for corporations and the already wealthy.
     
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  2. Timmy
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    Timmy Gold Member

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    Because they don’t care ! They are a bunch of liars who will say anything to get elected .

    Look at all the things Trump said last year. BS.
     
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  3. RDD_1210
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    RDD_1210 Forms his own opinions

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    Of course they don't care. It's funny to watch them flaunt their hypocrisy and pretend they have morals and standards. Nope.

    And the idiots on this site defend them!
     
  4. RealDave
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    RealDave Gold Member

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    Republicans rejected "Pay as you go" legislation.

    They passed the largest expansion to Medicare without properly funded it. It adds to the deficit every year since.

    Like the Bush tax cuts did.

    If the Republicans really want to get elected they would start eliminating cuts for the wealthy until the bill is debt neutral.
     
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  5. Toddsterpatriot
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    Toddsterpatriot Platinum Member

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    They passed the largest expansion to Medicare without properly funded it. It adds to the deficit every year since.

    I don't remember when Obama tried to repeal it. Do you?
     
  6. Timmy
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    Timmy Gold Member

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    The responsible thing to do is pay down debt when times are good . Because we know the economy goes in cycles .
     
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  7. Timmy
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    Timmy Gold Member

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    He’s not a fiscal conservative is he ?
     
  8. g5000
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    g5000 Diamond Member

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    Obama included taxes to pay for ObamaCare.

    When the Republicans created their own trillion dollar government medical entitlement plan, they did not raise the revenues to pay for it.

    Like RealDave said, they rejected pay as you go. In fact, they REPEALED PayGo as soon as they got the chance, and exploded our debt.

    The stench of hypocrisy sticks to the GOP.

    Looks like your tu quoque "B-b-b-b-but Obama!" bullshit doesn't fly! :lol:
     
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  9. g5000
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    g5000 Diamond Member

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    Policy Basics: The “Pay-As-You-Go” Budget Rule

    In the late 1990s, however, Congress and the President began waiving PAYGO in response to the booming economy and several years of budget surpluses. In 2001 they waived PAYGO enforcement and approved very large tax cuts without offsets — a sharp departure from PAYGO discipline. This set the stage for other PAYGO exceptions. In 2002 Congress allowed PAYGO to expire, facilitating the passage of deficit-increasing tax and entitlement legislation over the next several years, including the 2003 tax cuts and the Medicare prescription drug bill.
     
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  10. Norman
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    Norman Gold Member

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    Obama added 10 trillion and I don't see any complaints from you.
     
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