Tuesday , November 28, 2017 - 6:30 AM1 comment
If President Trump is able to sign the proposed GOP tax bill adding $1.5 trillion to the national debt over 10 years, before the ink is dry, Republicans will develop a case of Casablanca Syndrome. Republicans will be "shocked, shocked" that the deficit is so high, and something has to be done about it — much like they did throughout the Obama presidency.
Oh! The hypocrisy!
They won’t want to increase taxes. Therefore, reducing spending will be their only option as many Republicans have signed Grover Norquist's Taxpayer Protection Pledge. Capping deductions and/or closing loopholes in the tax code would also violate Norquist's pledge.
Where will Republicans look for ways to cut spending that do not inconvenience their donors? Medicare, Social Security, the Affordable Care Act, food stamps, etc. They’ve got to find money somewhere to give to their donors, so best to take it from those who have little or nothing.
I thought Congress was to work for the welfare of all the people, not just to make their donors happy. My mistake!
Trump thanked party leaders after the House bill passed, expressed optimism about the Senate bill and said he believed that Congress ought to move on to “welfare reform” after completing the tax bill. Wink, wink, nudge, nudge.
Sign up for e-mail news updates.