Now I understand: the $1 trillion+ deficit increase in the Republican tax reform packages is a feature and not a bug
I should have seen this coming. When Republicans (and their defenders like our local “newspapers”) were asked about the huge deficits that would occur with the Republican tax reforms, they either pointed to how the cuts would pay for themselves (which economists said would not happen) or they ignored it as our local papers often did. (In . . .
The tax plans are “bait-and-switch” but our local papers will find ways to defend them
From this morning's Washington Post:
Congressional Republicans have implanted nearly 50 expiring provisions in their tax-cut bills that, if left unaddressed, would transform what Republicans promised would be middle-class tax relief into a law that raises taxes for tens of millions of Americans.
More than 80 percent of the tax breaks set . . .
Despite the damage the plan will do to the citizens of his congressional district, the representative stays close to the Republican script
Representative David McKinley via MetroNews:
“We have a clear choice here: do we allow the status quo to continue, which only benefits the wealthy and politically connected?” he said in a release. “Or do we allow the process to continue and fight to ensure the final version is the best deal possible for the middle class and small employers?” . . .