Responsible Fiscals, Contract on America Dept. 0
The Philadelphia Inquirer sees through the smoke:
You won’t find “more borrowing” listed as an agenda item in the House Republicans’ pandering “Pledge to America.” But sending the country deeper into debt is integral to their plan.
Minority Leader John Boehner (R., Ohio) and his crew want to extend tax cuts for all taxpayers regardless of income level, which would add nearly $4 trillion to the national debt over the next decade. It is a formula for extra borrowing from foreign governments, to be paid by generations of future taxpayers – the very problems that supposedly motivated the GOP’s action plan.
Read the whole thing.
