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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: locogringo who wrote (1095143)10/25/2018 1:14:15 PM
From: puborectalis  Read Replies (2) | Respond to of 1583867
 
Senate Majority Leader Mitch McConnell on Tuesday called the ballooning budget deficit “very disturbing” but said large federal spending programs were to blame, dismissing criticism that last year’s GOP tax cuts are saddling the country with more debt.

McConnell, in a Bloomberg News interview, also said there was little chance Republicans would be able to cut government spending next year if they retained control of Congress because any changes would need leadership from Democrats.

McConnell (R-Ky.) said that tackling the mandatory spending programs such as Medicare and Social Security, as well as Medicaid, could not be done by Republicans alone, suggesting that it was unlikely to occur unless Democrats controlled at least one chamber of Congress.

McConnell’s comments come as part of a fierce effort by Republicans and Democrats to reframe economic issues as they campaign ahead of midterm elections, which are in three weeks. Democrats have blamed last year’s GOP tax cut law for adding a projected $2 trillion to the debt over 10 years, while Republicans have castigated liberals for proposing an expansion of government health care programs.