Stephanie Kelton, Columnist

Republicans Want to Make Entitlements the Next Caravan

How Democrats can fight the bogus claims of fiscal armageddon.

November 19, 2018 at 2:00 PM UTC

Stephanie Kelton is a professor of public policy and economics at Stony Brook University. She was the Democrats' chief economist on the staff of the U.S. Senate Budget Committee and an economic adviser to the 2016 presidential campaign of Senator Bernie Sanders.

A threat to national security? Please.
Photographer: Alex Wong/Getty Images

Provide news feedback or report an error

Site feedback:

Take our Survey

This article is for subscribers only.

When Republicans passed the Tax Cuts and Jobs Act, they knew it was projected to add $1.5 trillion to budget deficits over the next 10 years. They did it anyway.

Many Democrats pointed out the hypocrisy of the GOP embracing budget deficits after purporting to decry them for so many years under President Barack Obama. Others warned that driving up the deficit was all part of a calculated plan to cut Social Security, Medicare and Medicaid.