Republicans Want To Tackle The Debt By Giving Tax Cuts To The Rich
Speaking at the GOP House Issues Conference in Baltimore in January, President Barack Obama told Republicans that their budget policy goals often contradicted one another. "You're calling for just across-the-board tax cuts and then, on the other hand, saying that we're somehow going to balance our budget," said Obama, adding, "I'm going to want to take a look at your math and see how that -- how that works."
To be sure, there are many serious policymakers within the Republican caucus. But they are often overshadowed by people who really lack a proper understanding of how budgets work. These lawmakers continue to tell their constituents that we can decrease the national debt while also instituting across-the-board tax cuts.
Take for example Reps. Jim Jordan (R-OH) and Jason Chaffetz (R-UT). Both have spoken our forcefully against the debt.
Jordan: "Who would have thought that in the United States of America we would have a federal government pay czar telling private citizens how much money they could make? Who would have thought we would have a $1.4 trillion deficit and a $12 trillion dollar national debt? Who would have thought that the President's own budget director would testify in front of this committee that the President's budget is unsustainable?"
Chaffetz: "We are more than $12 trillion in debt. I can't justify driving up our national debt."
Most Americans understand the need to tackle the national debt. It's unfair to make future generations pay for our fiscal irresponsibility. At a serious time like this, we need legislators who are willing to craft effective policy aimed at getting our fiscal house in order.
What do Jordan and Chaffetz recommend? You guessed it. Tax cuts for the rich, which, of course, will increase the national debt.
Here is their policy proposal: