deacvision7
Mod Emeritus
Rupert Ditsworth? Tough break.
Top Republicans have decided on a tentative budget plan that would grow the government's $20 trillion debt by $1.5 trillion over the next decade, according to AP congressional sources. Bob Corker, a senator who had been against increasing the deficit, said the talks have "potentially gotten to a very good place."
Why it matters: The $1.5 trillion would "allow deeper cuts to tax rates than ...if Republicans followed through on earlier promises" not to add to the deficit, per the AP. Agreeing on a budget plan is the first step in getting a tax bill through Congress. Republicans are expected to release more specifics on tax policy next week.
It's funny how we can always (from a certain political perspective) be in a "debt crisis," yet no one can ever seem to identify any actual damage resulting from this apparent crisis. The damage is always off in some imagined future. Everyone understands that debt cannot accumulate forever, but there don't seem to be a lot of people on the deficit hawk side of the equation who can articulate any credible right-level of debt. Mostly they just want government to stop doing stuff, and they use debt as a scare tactic in place of arguments.
Senate Republicans have a tentative deal on $1.5 trillion in tax cuts
It's almost as if.... whatever.
Roy Moore is going to be a Senator. that may be /endthread/ on the US GOP Debacle.
Roy Moore is going to be a Senator. that may be /endthread/ on the US GOP Debacle.