Tax cuts quiet once-deafening GOP call for fiscal discipline

[DonViejo]

Source: ABC News




By ANDREW TAYLOR, ASSOCIATED PRESS
WASHINGTON — Sep 16, 2017, 2:16 AM ET

Republicans spooked world markets in their ardor to cut spending when Democrat Barack Obama occupied the White House. Now, with a GOP president pressing for politically popular tax cuts and billions more for the military, few in the GOP are complaining about the nation's soaring debt.

The tea partyers and other conservatives who seized control of the House in 2010 have morphed into Ronald Reagan-style supply siders while the GOP's numerous Pentagon pals run roughshod over the few holdouts. Tax cuts in the works could add hundreds of billions of dollars to the debt while bipartisan pressure for more money for defense, infrastructure, and domestic agencies could add almost $100 billion in additional spending next year alone.

The bottom line is the $20 trillion national debt promises to spiral ever higher with Republicans controlling both Congress and the White House.

"Republicans gave up on caring about deficits long ago," bemoaned Republican Sen. Rand Paul of Kentucky, who was elected in the 2010 tea party class.



Read more: http://abcnews.go.com/Politics/wireStory/tax-cuts-quiet-deafening-gop-call-fiscal-discipline-49890976

[tanyev]

1. Yep. Republicans only care about deficits when there is a Democrat in the White House.

[sharedvalues]

2. Clearly all lies

The GOP doesn't care about fiscal responsibility. They care about destroying the government to give tax cuts to the wealthy. It just serves that goal to pretend to care about fiscal responsibility at times.



If the media actually covered the GOP's real goals, instead of repeating the lies told by the GOP, America would be in a much better place today.

[jmowreader]

5. Your second sentence only needs six words.

They don't really care why they destroy the federal government. They only care that it's destroyed.

For all the GOP's kvetching about our side "turning America into Europe," it's not strange that Europe is exactly what they want America to be...not the Europe of today, but the pre-WWI Europe with full-scale wars between states on a regular basis.

[FakeNoose]

3. We need to remember this for next time

Now we know - the GOP (Tea Party wing) never really gave a rat's ass about the deficit.
It was all part of their contrarian act, making Obama's life miserable.

Now that they're running the show we get the whole story, and it ain't pretty.

[not fooled]

4. Yeah

But there will still be no money for social programs.

And they will work to wreck Social Security, Medicare, and Medicaid.

"All for me and none for thee" is their theme song.

Pukes have been responsible for most of the national debt.

The media is derelict in not reporting accurately--you can bet that as another poster pointed out above, their history and responsibility for most of the national debt will get little coverage.

And, who says their tax cut agenda is "politically popular"? Most Americans think the wealthy should pay MORE in taxes, not less.

Of course, corporate news flunkies who get paid by big multinational corporations who want dump's agenda know when to hold their tongues.

The whole thing is sickening. The worst of American politics and "journalism" on sorry display.

[Skittles]

6. that's why I cringe when I hear someone say they are a "fiscal conservative"

fiscal hypocrite is more like it

[Hortensis]

7. Same old. Every Repub administration transfers vast taxpayer sums to the wealthy

via various means and leaves the nation extremely in debt. Pulling up graphs of national debt by political administration shows it clearly.

But over the past 25-30 years, as the ultrawealthy's control of the GOP has grown, it has become intensely corrupt far beyond anything they tried for before, or even imagined.

[NCjack]

8. All that money that corporations and individuals have stashed overseas should be put on

an escalating tax schedule. Bring the money home and pay

1. Existing tax rate if returned to USA within 30 days of passing this tax act.
2. Every month after the first 30 days, the tax rate doubles.
3. Once the effective tax rate goes over 100%, the IRS owns the money and will seize it and bring it home.