Republicans in the U.S. Congress
who came to power pledging tight-fisted budgeting are going on a
tax-cut and spending binge that would boost federal deficits by a
half-trillion dollars.
In part,
they’re doing it by sidestepping their own warnings about the perils of
ringing up even more national debt. Instead, they’re choosing tax cuts
and the promise of long-term savings -- and some of the Tea Party
members who came to Congress on the pay-as-you-go promise are going
along.
So are some Democrats,
but it’s the Republican majority that has pushed these bills forward
for a mix of motives -- to show voters they can cut taxes and get things
done, and to avoid looking like the Party of No. Even some Republicans
say it’s wrong.
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