Here we go again. History is repeating itself over and over again -- when the GOP holds the power of the purse, controlling the purse strings.
The history of the GOP and funding cuts, tax breaks - left to deal with later, has caused much of the fiscal troubles we experience today.
Senate G.O.P. Passes Budget Resolution, and Punts on Tough Questions
Approval of the Republican budget plan left major questions about tax cuts and spending reduction for another day.
On a largely party-line vote, 52-48, Senate Republicans won adoption of a blueprint that calls for a $150 billion increase in military spending [ is this a bait and switch thing? Trump administration orders Pentagon to plan for sweeping budget cuts ]
and $175 billion more for border security over the next decade.
How will they pay for it? That’s a question for another day. What about the huge tax cuts they and Mr. Trump have promised? We’ll figure that out later, senators say.
Republicans claim to be the party of fiscal responsibility. And with budget issues like the debt limit and expiration of President Trump’s tax cuts looming, expect more touting of their economic accolades. There’s one problem: their hands are dripping in red ink. Their record is full of fiscal hypocrisy.
Tax Cuts Are Primarily Responsible for the Increasing Debt Ratio
Without the Bush and Trump tax cuts, debt as a percentage of the economy would be declining permanently.
How the GOP tax overhaul compares to the Reagan-era tax bills
Making Sen$e Dec 4, 2017
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Senator Lindsey Graham, the chairman of the Senate Budget Committee, has said that his plan would be paid for through a mix of new revenue from domestic drilling and unspecified spending cuts.Credit...Haiyun Jiang for The New York Times
Trusting people who have been shown to have lied to us before is just plain insanity. Some of these Republicans have been around long enough to have the experience of being able to initiate a fiscal crisis and later blame Democrats and everybody else. So -- Here we go again.