GOP scrambles to regain fiscal credibility with House budget

[DonViejo]

BY NIV ELIS - 06/24/18 07:00 AM EDT

Six months after passing a tax bill that is projected to blow a $1.9 trillion hole in the deficit, Republicans on the House Budget Committee are scrambling to regain fiscal credibility with their 2019 spending plan.

The plan would cut over $8 trillion in spending over the course of a decade, according to estimates from the Committee for a Responsible Federal Budget, including $5.4 trillion in mandatory spending.

“When you’re asked what keeps you up at night, there is nothing that weighs more heavily on me than our fiscal situation,” committee member Rep. Jodey Arrington (R-Texas) said this week.

Committee Chairman Steve Womack called the nation’s debt “the largest looming shadow of doubt” on America’s future. “The federal government is spending far more than it takes in, largely due to the unchecked growth of mandatory, or autopilot, spending,” he said.

Republicans, who have traditionally defined themselves as the party of fiscal responsibility, have been playing defense on the issue. They’ve faced accusations from Democrats that they’ve mortgaged America’s future for the sake of the tax cut.

more
http://thehill.com/policy/finance/393706-gop-scrambles-to-regain-fiscal-credibility-with-house-budget

[manor321]

1. Garbage article

This is the kind of horrendously shitty news article that has caused problems for decades. No matter what Republicans do, they are still portrayed as caring about the debt. They don't care about the debt. They just use it to try to kill the social safety net. And they create massive debt in order to use the excuse.

Yet the press still goes on pretending that Republicans care.

[sharedvalues]

5. Yes! Because The Hill is GOP propaganda

When you judge a news source, the owner of the source is critical.

Here, The Hill’s owner is a Trumpite Republican who wants to propagandize for tax cuts.

That’s why this article was written.

This headline is a travesty of propaganda and it does not belong on DU without more explanation of The Hill’s bias.

[ck4829]

2. Credibility... LOL. That ship sailed

[Laf.La.Dem.]

3. What we need is MORE TAX CUTS!

That will correct the "spending far more than it takes in".

[sharedvalues]

4. Bull crap article from the Hill - following GOP tax cut strategy

This is an enormously bullshit article from the Hill.

First, the Hill is owned by a Trumpite Republican billionaire.

Billionaires control the GOP, and their strategy on tax cuts for themselves is:
1. Cut taxes, ignoring the deficit
2. Lie about cutting services, claiming we have to reduce the deficit.

This article is EXACTLY the number 2 argument. It lies about the deficit so the Hill’s GOP billionaire owner can destroy the government to cut taxes on the rich.



Bullshit article, bullshit headline, and bullshit publication.


None of us should read The Hill.

[Guy Whitey Corngood]

10. Agreed. nt

[safeinOhio]

6. Surprised?

Need to cut $12.7 trillion over the next 10 years. Tax cuts cost $12 trillion over next 10 years.
Can we get some film of republican claiming the tax cuts will pay for themselves and actually raise revenue, like Mana from heaven.

[duforsure]

7. Watch what they do , not what they say

Their tax bill was all along a scam to pay off their wealthy donors who bribed them by giving money for their campaigns, and the tax bill was another scam . It was designed to transfer even more wealth to them , from robbing all programs including all health care and Social Security to pay them off for backing them and installing them into office with their deep pockets. All when it was being voted on they told the American people lie after lie to sell it, then again , like W did, it was to enrich themselves and their donors with.

[beachbum bob]

8. create the problem with terrible taxcuts, see the huge revenue loss

and use it to attack ss, medicare, medicaid as the cause of it...aint gonna work too well voters over 60...a voting block that republicans can not lose

at least it isobvious as hell and 40 million AARP members will be made fully aware of the intent

[NickB79]

9. "mandatory spending" is code for Medicare, SS, CHIP, WIC, etc

Just keep this in mind if any of your RW relatives parrot this line.

I had to hammer my grandfather on this, hard, last time we spoke. He didn't like the idea so much once he realized it would impact him personally.