That was easy.

Wednesday, January 5th, 2011 @ 1:31 am | Clueless Conservatives, Deficit

How are Republicans going to balance the budget? By using disappearing ink in the books.

Republicans’ deficit reduction platform, which may have helped catapult them into the majority, is about to run headlong into a hard reality: Many of their key policy goals will increase the deficit dramatically.

To get around this fact, they’ve included measures in their new rules package to exempt some of their biggest legislative priorities from deficit consideration. Among the exceptions, which the House is likely to consider in the 112th Congress, are the health care repeal bill (scheduled for a vote a week from Wednesday), the 2001 and 2003 Bush tax cuts, an AMT patch, extending the estate tax, and more…The health care law, according to the Congressional Budget Office, will reduce the deficit by $143 billion through the end of the decade, and more so in the decade after that. Thus, repealing the law will blow a similarly sized hole in the deficit.

Republicans wave this off.

Of course, Very Serious People still aren’t sure if the Republicans are serious about the deficit or not. Because it’s so difficult to tell whether or not a party that believes in only cutting taxes, never raising them, is serious about paying the bills.

-hw

Comments are closed.