This is a classic example of why under Republican administrations the deficit goes up. Spending is not cut but taxes are cut. And has been proven over and over again, tax cuts don't spur spending at least when they're concentrated in dollar terms on the top 1%.http://www.nytimes.com/2015/11/27/u...ing-budget-is-easier-said-than-done.html?_r=0
Crop Insurance Subsidies Prove Cutting Budget Is Easier Said Than Done
In April, Republicans newly in control of Congress celebrated their agreement on a plan to save $5 trillion — that’s trillion, with a “T” — and balance the budget in a decade. “We continue to get things done for the American people,” boasted the House speaker at the time, John A. Boehner.
Yet as the year closes, Congress instead is planning to repeal one of the few spending cuts it has passed into law since approving that budget resolution: $3 billion over a decade from subsidies for crop insurers.
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“I’m sick of the hypocrisy of people out there saying: ‘Balance the budget, balance the budget, but don't raise taxes.' Well, what are you going to cut? If you can’t cut this, what can you cut?"
Crop Insurance Subsidies Prove Cutting Budget Is Easier Said Than Done
In April, Republicans newly in control of Congress celebrated their agreement on a plan to save $5 trillion — that’s trillion, with a “T” — and balance the budget in a decade. “We continue to get things done for the American people,” boasted the House speaker at the time, John A. Boehner.
Yet as the year closes, Congress instead is planning to repeal one of the few spending cuts it has passed into law since approving that budget resolution: $3 billion over a decade from subsidies for crop insurers.
...
“I’m sick of the hypocrisy of people out there saying: ‘Balance the budget, balance the budget, but don't raise taxes.' Well, what are you going to cut? If you can’t cut this, what can you cut?"