Thomas Kahn: House Republicans’ first order of business? Balloon the $31 trillion national debt - News Summed Up

Thomas Kahn: House Republicans’ first order of business? Balloon the $31 trillion national debt


It permits Congress to pass mammoth tax cuts without paying for a penny of them. The Republicans’ CUTGO alternative changes that long-standing rule so that it applies only to spending, and not to taxes. No one likes tax hikes, but with $31 trillion in national debt, they must be in the toolbox for reducing the deficit. House Republicans talk a good game about lowering the debt. Their votes to create more debt show that the House Republicans aren’t ready to govern.


Source: Los Angeles Times January 13, 2023 16:37 UTC



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