Dems slam GOP tax plan as deficit-buster, risk to Medicare
Source: The Hill
BY NIV ELIS - 09/27/17 04:23 PM EDT
Democrats on Wednesday excoriated the GOP's proposed tax framework, saying it would blow an enormous hole in the deficit — warning that popular social programs are next.
“Make no mistake: After [the] Republicans’ tax plan blows a multitrillion-dollar hole in the deficit, they will sharpen their knives for Social Security, Medicare, Medicaid and vital job-creating investments for middle-class families across America,” said House Minority Leader Nancy Pelosi (D-Calif.).
Republicans, who typically tout themselves as fiscally conservative, are arguing that economic growth will make the tax plan deficit neutral or even add revenues. They say that the use of so-called dynamic scoring, a method that takes into account broader impacts on the economy, would show that.
“It would take less than four-tenths of a percent of stronger growth to fully offset" the proposed tax-cut deficit, said Sen. Pat Toomey (R-Pa.), a member of the Senate Budget Committee. But Democrats and many nonpartisan fiscal hawks say dynamic scoring is not the way to go. “Dynamic scoring is fake math. It’s just made-up, fake math to hide another deficit-busting tax cut to benefit the wealthiest Republicans,” said Senate Minority Leader Chuck Schumer (D-N.Y.), adding that tax reform should be deficit neutral “on its own merits.”
Read more: http://thehill.com/policy/finance/352749-dems-slam-gop-tax-plan-as-deficit-buster-risk-to-medicare
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dynamic scoring...................
I can make up a f*cking name , how about "Horse sh*t scoring"
