Saturday, October 30, 2010

Proof Mainstream GOP Does Not Care About Deficit

David Vitter, the GOP's favorite John, has come on board the current GOP talking point that tax cuts do not have to be paid for. The argument is that we don't have to pay for tax cuts because "it is our money" and not the Governments. While this may or may not be good public policy, it is an admission that the deficit is meaningless to the GOP. Passing a tax cut for those earning over $250,000 costs the government money. A lot of money. Something like $600 Billion over a number of years. What Vitter is basically saying is that regardless of the deficit, a tax cut is appropriate. It is not actually an argument for less spending, because the argument remains the same whether you cut spending, leave it the same, or increase it.

No comments: