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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