Washington Post Shocked at GOP Turnaround on the Deficit

This is from the 2012 Republican convention. Good times.Tampa Bay Times/ZUMAPRESS

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Goodness me:

Republican lawmakers in 2011 brought the U.S. government to the brink of default, refused to raise the debt ceiling, demanded huge spending cuts, and insisted on a constitutional amendment to balance the budget.

On Wednesday, they formally broke free from those fiscal principles and announced a plan that would add $500 billion in new spending over two years and suspend the debt ceiling until 2019. This came several months after Republicans passed a tax law that would add more than $1 trillion to the debt over a decade.

With all these changes, the annual gap between spending and revenue in 2019 is projected to eclipse $1.1 trillion, up from $439 billion in 2015….The debt binge caps off a major reversal for the Republican Party, which has been swept up by President Trump’s demands for more spending and tax cuts at a time when the public seems to care less about debt than it has in years.

The wide-eyed tone of this story really grates. Republicans always care about the deficit when a Democrat is president. They always stop caring when a Republican is in office. And the public “seems” to care less about the debt because Republicans aren’t filling the airwaves with debt clocks and dire warnings that we’re going the way of Zimbabwe.

Come on, folks.

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"It's that we're screwed with or without him if we can't show the public that what we do matters for the long term," writes Mother Jones CEO Monika Bauerlein as she kicks off our drive to raise $350,000 in donations from readers by July 17.

This is a big one for us. So, as we ask you to consider supporting our team's journalism, we thought we'd slow down and check in about where Mother Jones is and where we're going after the chaotic last several years. This comparatively slow moment is also an urgent one for Mother Jones: You can read more in "Slow News Is Good News," and if you're able to, please support our team's hard-hitting journalism and help us reach our big $350,000 goal with a donation today.

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