Republicans Shrug Off Deficit Woes in Half-Trillion-Dollar Binge
In part, they’re doing it by sidestepping their own warnings about the perils of ringing up even more national debt.
House Speaker John Boehner (R-OH) and Senate Majority Leader Mitch McConnell (R-KY) attend the bipartisan signing of the Medicare Access CHIP Reauthorization Act 2015, H.R. 2, press event at the Capitol on April 16, 2015 in Washington, D.C.
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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.