Mitch McConnell Blames the Poor for Trump's Trillion-Dollar Deficit [View all]
GOP are the LOOTERS.
Its disappointing, but its not a Republican problem, says the man who just passed a $1.5 trillion tax cut.
by Bess Levin
October 16, 2018 7:06 pm
n a life filled with uncertainty, there are a few things you can always count on. First, that death comes for everyone. Second, that the current president of the United States will call an adult-film star he paid to keep quiet about an alleged affair horseface on social media. And third, that after passing a $1.5 trillion tax cut they insisted would pay for itself and then some, Republicans would blame social services like Medicare, Medicaid, and Social Security for exploding deficits and debt and insist that such entitlements, sadly, have got to go.
As a reminder, the Grand Old Party put on a big show of pretending to care about fiscal responsibility when Barack Obama was in office and mouth-watering tax cuts werent on the line. Only one thing can save this country, and thats to get a handle on this deficit-and-debt issue, Majority Leader Mitch McConnell insisted after the 44th president won his second term. The federal fiscal burden threatens the security, liberty, and independence of our nation, the Republican Party platform warned in 2016. Youre bankrupting our grandchildren! was a common refrain, as were proclamations such as, I wont endorse a bill that adds one penny to the deficit! Then Donald Trump won the election, and all those worries about crippling the next generation and the country going to hell in a handbasket vanished overnightalmost as though it was feigned in the first place!with Republicans not only demanding that Congress pass a deficit-busting piece of legislation so that the president and his children could pay even fewer taxes than they already do, but maintaininglaws of math, physics, time and space be damnedthat the bill once known as the Cut Cut Cut Act would actually help shrink the deficit.
But as the G.O.P. surely knew, that was never going to happen. Instead, as we learned this week, the U.S. budget deficit increased to $779 billion for the fiscal year, a 17 percent increase from the year prior, which is extra bad considering the economy is doing well, a scenario in which the federal deficit typically falls. Luckily, Mitch McConnell knows exactly who and what to blame:
Its disappointing, but its not a Republican problem, McConnell said Tuesday in an interview with Bloomberg News when asked about the rising deficits and debt. Its a bipartisan problem: unwillingness to address the real drivers of the debt by doing anything to adjust those programs to the demographics of America in the future.
https://www.vanityfair.com/news/2018/10/mitch-mcconnell-blames-the-poor-for-trumps-trillion-dollar-deficit