Republicans Promising Cuts Deliver Deficit-Raising Policies

Lock
This article is for subscribers only.

U.S. House Republicans, who swept into power promising to rein in the federal deficit, have proposed policies in their first week that would make the shortfall worse.

Moves to repeal President Barack Obama’s health-care law and promises to extend Bush-era tax cuts and offer other breaks would add more than $1 trillion to the deficit over the next 10 years, based on reports from the nonpartisan Congressional Budget Office and the Joint Committee on Taxation.