I wonder if American voters are really paying attention to what the GOP candidates are proposing?
The nonpartisan ‘Committee for a Responsible Federal Budget’ has examined, as best they could since so many details have been conveniently left out, regarding exactly where and how deep the budget cuts will be, the most recent tax cut proposals offered up by these GOP candidates.
But simply looking at the deficits resulting from such drastic tax cuts shows a disastrous future ahead if any of them are elected.
They found that Gingrich’s plan would add $7 trillion to the nation’s debt over the coming nine years — almost doubling the deficit if no other changes were made!
Santorum’s plan would, on average, add $500 billion to the deficit every year and total $4.5 trillion in additional deficits over the same period!
They also noted that, “Romney’s proposal would add $250 billion to the deficit over nine years, though that estimate was generated before he unveiled a new tax proposal this week that could add considerably to the deficit!”
But then again, as Dick Cheney, “America’s favorite marksman,” proclaimed back in 2002, “Reagan proved deficits don’t matter!” Ok, you can stop laughing now!
Of course they matter, except when they are being run up by Republican presidents?
But when Democrats run deficits, the whole world is ready to collapse, right? Oh, the hypocrisy!
After all, what’s most important? Preserving benefits for those left behind by a flawed economic system, or making sure the wealthy and big corporations get to keep an extra 10 percent?