The Republican Destruction Continues!

Leave a comment

January 8, 2015 by Chris Kite

Another quiet little change the Republicans made their first few days in power was to change the way the CBO scores the economic impact of bills. They are now going to make dangerous and incorrect assumptions that lowering taxes increases future revenue. Much like Wisconsin and Kansas did.

You may be familiar with the problems in Kansas. After massive tax cuts, the revenue growth Republicans promised didn’t happen. So now they are slashing state spending on infrastructure, pensions, and other things. They’re facing a $640M shortfall next cycle, but playing games to move money around so it doesn’t look so bad. In essence, they are kicking the can down the road.

Wisconsin is less publicized because it hasn’t actually hit yet. But the next two year budget cycle is predicted to have a $2.2B shortfall. Wisconsin requires a balanced budget, and Walker has big ambitions, so you can bet he won’t admit the tax cuts have hurt the state. Instead, he will look for ways to cut the budget. Perhaps instead of slashing pay and benefits of teachers and public workers he will just enslave them all.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Enter your email address to follow this blog and receive notifications of new posts by email.

Social Justice, Common Sense, Facts, Human Rights, Resistance, Women’s Rights, Gun Control, Make America Sane Again, Economy, Racism, Bigotry, Treason Iraq, Iran, Syria, Israel, NRA

Conservative Politics GOP Republican Republicans right-wing Right Wing Politics

Our Advocacy by Posts

Blog Stats

  • 20,092 hits

Others Who Elect2Care

Member of The Internet Defense League

%d bloggers like this: