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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTed Cruz says the swelling national debt will re-emerge as a major concern for Republicans
Sen. Ted Cruz said the growing national debt is set to broadly re-emerge as an area of concern of Republicans down the road.
During an interview on "Axios on HBO" with political reporter Jonathan Swan, the Texas Republican discussed the budget deficit and the federal debt. The pair had an energetic back-and-forth on the matter, with Swan saying Republicans had approved spending policies that grew the deficit, like the 2017 tax cuts.
Cruz also claimed Trump never ran on cutting the debt, but the president campaigned in 2016 to eliminate it within eight years.
Link to tweet
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Asked if the swelling debt and deficit will become an area of concern for the GOP, Cruz responded: "Sure."
https://www.yahoo.com/news/ted-cruz-says-swelling-national-144227889.html
Of course it will. The Republicans make debt and the deficit an issue whenever they're not in power. While in power they spend money like drunken sailors.
Fullduplexxx
(8,631 posts)wryter2000
(47,940 posts)As soon as a Democrat is in power, they want to make sure the government can't spend any money to make things better. I hope all these Republicans become back benchers with absolutely no power in 2021. They can sit down and shut up.
OnDoutside
(20,868 posts)up with a way of countering that, and pound the hell out of them. One thing I would do immediately next year, is to reverse two thirds of the 1.5 trillion tax giveaway that went to the 1%....in fact take the extra 500bn from the 1% as well.
lagomorph777
(30,613 posts)Fuck 'em. They need to start paying up.
OnDoutside
(20,868 posts)But I would go beyond it too, get it done early.
lagomorph777
(30,613 posts)OnDoutside
(20,868 posts)lagomorph777
(30,613 posts)Laelth
(32,017 posts)They always revert to being fiscal conservatives when Democrats are in charge.
-Laelth
catrose
(5,370 posts)EarlG
(23,673 posts)maybe they should prioritize it when they're in power.
Obviously it's not REALLY that big of a deal to them or they would have done something about it already.
doc03
(39,117 posts)the debt when a Democrat gets elected.That is all we will hear is cut entitlement programs.
LakeArenal
(29,949 posts)LakeArenal
(29,949 posts)OLDMDDEM
(3,220 posts)The Dems want to give money to everybody and run up the debt.
What we really need to do is eliminate about 25% of the defense spending, get rid to the Rump taxcut for those over $250,000, and work on our infrasturcture.
And, get rid of Rump.
ProfessorGAC
(76,979 posts)What Ike warned about has long come to pass.
The defense budget is an enormous jobs program & investment bank.
They have grown so large & monolithic that trimming that budget to a meaningful degree is a 20 year project.
To do it rapidly would cause mass unemployment & equity values would plummet.
That's exactly what the architects had in mind. And Eisenhower figured it out, and warned us about it 60 years ago. Not enough listened.
But, it would be possible to massively cut HSD, move the critical departments into appropriate cabinet slots, and consolidate all intelligence under State. That would not cause massive unemployment and have almost no market effect.
I'm for cutting defense, and we should start now, but it's a little at a time proposition if we want to avoid catastrophic economic consequences.
OLDMDDEM
(3,220 posts)For many years the money allocated has been given to the wrong departments. Gradually moving allocations to needed areas would allow for a smooth transition from what we have now. You are absolutely spot on. Thank you.
Midnight Writer
(25,551 posts)greenjar_01
(6,477 posts)icwlmuscyia
(296 posts)That's pro-growth? Then WWII must have been a smashing pro growth program. So is the corona virus.
up is down, right is left, dark is light.......
doc03
(39,117 posts)collapse the economy. Democrats take office and start cleaning things up then Republicans run on tax cuts and win again. I am 72 and they have been running the same play all my life.
mwooldri
(10,823 posts)Democratic administrations (and yes, even the local socialist party administrations of the late 19th and early 20th century) tend to be fiscally responsible.
Sherman A1
(38,958 posts)WyattKansas
(1,648 posts)When Republicans get in power, they leverage massive debt against the Trust Funds for tax cuts to the wealthy, which also prevents anything being done for the People. Just when they can leverage no more debt against the Funds and the Stock Market starts crashing. The Democratic Party has to come in and clean up the damage the Republicans did to put the country back on stable footing without any way or leverage room left to help People. And during that time, Republicans scream and whine about how horrible the Democratic Party is for the People and restraining the Stock Market, knowing full well that they already blew any help for People by previously running up and maxing out the Trust Fund debt.
bdtrppr6
(796 posts)out of ted cruz's face
Wounded Bear
(64,442 posts)and...well, you know...
(Hey! Three ellipses in one sentence. Call the Grammar Nazis!
StTimofEdenRoc
(445 posts)crickets
(26,168 posts)coti
(4,625 posts)LiberalFighter
(53,544 posts)dalton99a
(94,736 posts)Mr. Ected
(9,714 posts)Just like holding off on SC appointments during an election year was a political ploy and not a national imperative, so is your attention to debts and deficits. You run up the debt and then blame the newcomer for it. The American people can see right through your phony bullshit.
lagomorph777
(30,613 posts)Spiky end first.