2019-07-23cnn.com

``[The newly-negotiated budget deal] represents a fitting conclusion of the Budget Control Act -- the crown jewel of the 2011 'tea-party Congress.' The decade-long shredding of these hard-fought budget constraints mirrors the shredding of Republican credibility on fiscal responsibility."

...

Given [Trump's] history, no one could, really, be surprised by the lack of interest or concern Trump has shown about adding to yearly deficits since being elected president. His much-hyped tax cuts are set to add $1.85 trillion to the national debt over an 11-year period, according to projections from the Congressional Budget Office. (The national debt has already grown to $22 trillion -- up more than $2 trillion since Trump came into office.) The federal deficit for this budgetary year, which has two more months left in it, is almost $750 billion -- an increase of nearly 25% from the previous year.

Tea Partyism turned out to never be much more than anti-Obamaism; so it converted naturally over to Trumpist guns-and-butter when Obama was out of the picture.



Comments: Be the first to add a comment

add a comment | go to forum thread