House Republicans unveiled a 2019 budget proposal Tuesday to send a message to their core supporters that repealing Obamacare, cutting taxes and partially privatizing Medicare remain high on their agenda.
The budget, which claims to balance by 2027 through $8 trillion in spending cuts, seeks to revive the deficit-cutting mantle for Republicans after a two-year deal that increased spending by $300 billion. A massive tax cut approved last year is expected to add $2 trillion in deficits over 10 years.
via Bloomberg.
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House Budget Proposal Makes GOP Priorities
Painfully Clear.
- House Republicans apparently want to have it both ways: swelling the debt by $1.5 trillion with the reckless Trump/GOP tax scheme, then crying that deficits are too large – and insisting that crucial social programs must be cut to close the gap.