Tax Cuts Didn't Starve Discretionary Spending, Votes to Cut Discretionary Spending Starved Discretionary Spending

A NYT editorial on Senator Thad Cochrane's narrow victory in a Republican primary criticized his record:


"He has consistently voted for the kinds of tax cuts that have starved discretionary spending and held down the economic recovery."


This is incorrect. There is no direct relationship between the tax cuts Mr. Cochrane has supported and the cuts in discretionary spending that Congress and President Obama agreed to. The cuts came about because of a commitment to hit arbitrary deficit targets....

 •  0 comments  •  flag
Share on Twitter
Published on June 26, 2014 02:08
No comments have been added yet.


Dean Baker's Blog

Dean Baker
Dean Baker isn't a Goodreads Author (yet), but they do have a blog, so here are some recent posts imported from their feed.
Follow Dean Baker's blog with rss.