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Tuesday, May 27, 2014

The repugican Fears Of Debt Crisis Disappear When It's Time To Cut Taxes

Last month House Budget Chair Paul Ryan (r-WI) repeatedly warned of a coming "debt crisis" in a speech justifying his budget's steep cuts to programs that benefit the middle class and poor.
On Friday those warnings were nowhere to be found when nearly every repugican voted to permanently revive a research and development tax break for businesses. It was the first of six business-backed "tax extenders" approved in committee and expected to pass the House, worth a total of $310 billion. All unpaid-for.

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