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dixiegrrrrl

(60,010 posts)
Mon Jan 22, 2018, 06:33 PM Jan 2018

The deal struck by Dems & Republicans to end government shutdown contains $31 billion in tax cuts.

including a temporary delay in implementing three health care-related taxes.

Those delays, which enjoy varying degrees of bipartisan support, are not offset by any spending cuts or tax increases, and thus will add to a federal budget deficit that is already projected to increase rapidly as last year’s mammoth new tax law takes effect.

“All the finger pointing has overshadowed the discussion about the actual substance of the budget deal,” said Maya MacGuineas, president of the Committee for a Responsible Federal Budget, “and many lawmakers don’t even seem to care that the deal they are considering — which will almost certainly include even more tax cuts following the unaffordable tax bill Congress just passed, as well as new spending increases — will add tens of billions to the deficit. There is almost zero discussion of the ongoing damage on the nation’s finances.”
https://www.nytimes.com/2018/01/22/us/politics/shutdown-spending-tax-cuts-obamacare.html


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The deal struck by Dems & Republicans to end government shutdown contains $31 billion in tax cuts. (Original Post) dixiegrrrrl Jan 2018 OP
Jesus...MORE tax cuts for the rich? Ken Burch Jan 2018 #1
Seriously! That's some deal!! InAbLuEsTaTe Jan 2018 #4
More tax cuts on top of the previous bill? nt Irish_Dem Jan 2018 #2
WTF?!?! InAbLuEsTaTe Jan 2018 #3
No bread? Cracklin Charlie Jan 2018 #5
I was on the fence on where to stand on this deal until I read this Downtown Hound Jan 2018 #6

Downtown Hound

(12,618 posts)
6. I was on the fence on where to stand on this deal until I read this
Mon Jan 22, 2018, 07:16 PM
Jan 2018

But now I can safely say this is a bullshit deal and the wimpy ass Dems caved again.

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