the budget process in the House of Representatives is a casualty of the increasingly extreme partisanship of the Republican leadership and their obsession with reducing taxes for those who need it the least. All the deep concern about deficit spending that formerly influenced Republican policy making is of a previous generation. We now have the specter of the Republican budget causing another $1.3 trillion in national debt, while at the same time spending the entire $1 trillion Social Security surplus, and cutting critical education, environment, and veterans' programs. The good news is that not even the Republican leadership will take their budget resolution seriously. They will not follow this blueprint. The bad news is that Republicans in Congress will combine the worst of both worlds, grudgingly increasing the spending for some critical programs, while at the same time continuing to pursue a reckless plan of tax cuts that ignores the greatest needs of middle-class families. The Alternative Minimum Tax, under the Republican plan, will tax tens of millions of American families, penalizing them hundreds of billions of dollars. For the Republicans, it is more important to give the richest few Americans more tax cuts than rescue millions of middle class families from the Alternative Minimum Tax.
Editor's note · Context
Discussing the impact of Republican budget policies on national debt and middle-class families.
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