Republicans Shrug Off Deficit Woes in Spending Binge
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.
So are some Democrats,
but it’s the Republican majority that has pushed these bills forward
for a mix of motives -- to show voters they can cut taxes and get things
done, and to avoid looking like the Party of No. Even some Republicans
say it’s wrong.
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