What happens when you cut taxes and don’t cut spending? If you said that our debt will increase, you are right. So, the deficit goes up and knowing that answer apparently makes you smarter than almost every Republican in the Senate. Why? Because the latest plan the GOP has presented will add 1.7 billion dol…oops, nope, that’s wrong. My bad. It will add $1.7 Trillion dollars to the deficit over the next 10 years, so says the CBO. That will put us in debt equal to 97% of our GDP. This is like borrowing your way into prosperity.
For the last 8 years we’ve heard nothing but complaining coming from the GOP about the skyrocketing deficit and this is their plan? NOT one these people should be re-elected if this is the best they can do. If this is passed, you know what paper money will be worth?