Don't Care About Deficits? Vote Republican

When Republicans complain about the budget deficit, they're not talking about the shortfall between revenue and spending. It's more complicated.

Jonathan Chait has a smart column up today in which he predicts that Republican reform, should the party wind up winning the presidency and controlling Congress after 2016, will come in the form of Bushism. That is, Republicans will want to enact tax cuts for the rich while also cultivating a "populist" reputation (and erasing the legacy of Mitt Romney's "47%"). How will they square this circle? By exploding the deficit again.

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