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Republicans’ fiscal hypocrisy is fully on display in the tax bill
In the News

Republicans’ fiscal hypocrisy is fully on display in the tax bill

Neera Tanden explains that the GOP can't claim to be concerned with budget deficits, as their proposed tax plan would add $1.4 trillion to the federal deficit over the next 10 years.

With the Republicans in the Senate now set to vote in favor of their shameful tax cut legislation, consider the staggering hypocrisy contained in the bill: For decades, the GOP has branded itself as the party of fiscal responsibility. Yet their tax plan promises to add $1.4 trillion to the federal deficit over the next 10 years; Republican leaders and rank and file members no longer seem to care about deficits.

Many in the Republican Party are now rejecting the idea that they must exhibit responsibility in leading our government and are instead embracing a reckless agenda which threatens America’s long-term economic security and budget priorities. On top of that, they’re assuming that Democrats will eventually help them clean up the damage they will cause to our budget and our economy.

The above excerpt was originally published in NBC News. Click here to view the full article.

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 (Neera Tanden)

Neera Tanden

President and CEO of the Center for American Progress