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Where’s the Right-Wing Outrage? Tax Cut Deal Adds Over $100B More to National Debt Than “Generational Theft” Stimulus Bill

Here’s what John Boehner said about the PORKULUS! Recovery Act in 2009.

The hundreds of billions of dollars Washington is borrowing to finance this pork-barrel monstrosity will come from our children and grandchildren. This is not “stimulus” – it’s generational theft.

Now the stimulus cost $787B (roughly a third of which was tax cuts), created about 2.5 million jobs and went to lots of wasteful liberal programs like paying teachers, fireman and cops, helping state governments balance their ledgers and building roads.

And how much for this new tax deal, which includes a $5M exemption on estates?

The package would cost about $900 billion over the next two years, to be financed entirely by adding to the national debt, at a time when both parties are professing a desire to begin addressing long-term fiscal imbalances.

Generational theft!

I’m so looking forward to hearing Republicans and Teahadists and Blue Dogs rail against adding nearly a trillion dollars to the national debt, which as we all know is the greatest threat facing the country and is immoral and makes us like Greece and will lead to Hitler just like it did in Germany or something.


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