"Dems Claim New GOP Rules Will Cost $1T
From the DNC's online platform, the Politico:
Democrats: GOP rules will cost $1 trillion
By: Scott Wong
January 6, 2011
Top Senate Democrats fired a shot across the Capitol on Thursday, warning that new rules passed by the Republican-controlled House a day earlier would actually "balloon" the deficit by $1 trillion.
Why not say a gazillion? If you are just going to make up scary numbers, why not go whole hog – so to speak.
Republicans, who formally took control of the lower chamber Wednesday vowing a renewed focus on deficit reduction, want to permanently extend estate and income tax cuts for millionaires, give businesses new tax breaks and repeal the health care law — all things that Democrats say will increase the deficit.
How does any of this have to do with the new House rules that were passed yesterday? This is just crazy talk, even by Chuck Schumer's standards.
"They want to do all this — very nice — but they want to charge it all to Uncle Sam's credit card," New York Sen. Chuck Schumer, who heads policy and messaging for Senate Democrats, said at a news conference. "They don't want to pay for it." …
It's official. Democrats, like sociopaths everywhere, are incapable of feeling shame.
Clearly the dome on the Capitol has been lightning proofed, or Mr. Schumer would have been vaporized on the spot for such Olympian hypocrisy.
By the way, note that Mr. Schumer sees lowering taxes as stealing from "Uncle Sam's credit card." We thought the American taxpayer was Uncle Sam's credit card.
A Democratic budget analysis, based on figures from the Joint Committee on Taxation and Congressional Budget Office, found that new GOP House rules would swell the deficit by $1.07 trillion. A CBO report out Thursday revealed that repealing the health care law would increase the deficit by $230 billion through 2021.
As they say, 'figures lie and liars figure.' We really do have to worry, though, if the Democrats really believe any of these fantasies.
Schumer, flanked by Senate Majority Whip Dick Durbin (D-Ill.) and Sen. Debbie Stabenow (D-Mich.), said GOP efforts to pare back the budget, including cuts to staff salaries, pale in comparison with the amount they would add to the deficit.
We all know just how much Messrs Schumer and Durbin and Ms. Stabenow have abhorred adding to the deficit. In reality, this Democrat controlled Congress spent three times more money last year than was spent the last year Republicans controlled Congress.
In fact, when the Democrats took over Congress in 2007 the national deficit was $8.5 trillion dollars. Now it is over $14 trillion. That is a 65% increase under the Democrat stewardship.
And he declared that the Democratic-led Senate would oppose Republican policies at every turn.
"We're here today to say these reckless fiscal policies are dead on arrival here in the Senate," Schumer said. "We're here to assure everyone that, don't worry, these things won't happen because we're here, and we're responsible." …
Gosh, it sounds like Mr. Schumer is saying that the Democrats intend to be a 'party of no.' Will the media attack them for their obstreperousness? – Just kidding. Of course they won't.
Still, thank goodness we have Mr. Schumer being responsible and watching out for us taxpayers."
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