Republicans are completely reversing themselves on the deficit

The following article by Damian Paletta and Erica Werner was posted on the Washington Post website February 7, 2018:

Republican lawmakers in 2011 brought the U.S. government to the brink of default, refused to raise the debt ceiling, demanded huge spending cuts, and insisted on a constitutional amendment to balance the budget.

On Wednesday, they formally broke free from those fiscal principles and announced a plan that would add $500 billion in new spending over two years and suspend the debt ceiling until 2019. This came several months after Republicans passed a tax law that would add more than $1 trillion to the debt over a decade. Continue reading “Republicans are completely reversing themselves on the deficit”