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The Straight Story

(48,121 posts)
Wed Apr 30, 2014, 11:35 AM Apr 2014

Republicans pass tax breaks, but don’t pay for them

Republicans pass tax breaks, but don’t pay for them

CNN Capitol Hill reporter Lisa Desjardins

Washington (CNN) – Republicans want to cut the deficit. And Republicans want to cut taxes. Tuesday, those two sweeping goals collided as a GOP-controlled House committee voted to advance hundreds of billions in tax cuts at the cost of adding those billions to the deficit.

The House Ways and Means Committee voted almost entirely along party lines to make six tax breaks permanent at a cost of $310 billion over the next 10 years.

The top Democrat on the committee pounced.

“To say that Republican action today is hypocritical is a serious understatement,” Rep. Sandy Levin of Michigan said. “This approach today of Republicans flies smack in the face of fiscal responsibility.”

http://politicalticker.blogs.cnn.com/2014/04/29/republicans-pass-tax-breaks-but-dont-pay-for-them/

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Republicans pass tax breaks, but don’t pay for them (Original Post) The Straight Story Apr 2014 OP
The logic is that if we don't have the money el_bryanto Apr 2014 #1

el_bryanto

(11,804 posts)
1. The logic is that if we don't have the money
Wed Apr 30, 2014, 11:38 AM
Apr 2014

We will be forced to cut services. It never works out that way, but once the Government is completely broke and shattered, then oure economy will really take off.

Apparently.

Bryant

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