Cut Medicare payments and tweak Social Security. Cut defense spending by directly reducing spending and getting out of Iraq and Afghanistan. Raise income, corporate, and payroll taxes. These issues essentially define what it means to be serious about eliminating the federal deficit, because all of them need to happen before the deficit can truly be brought under control. Serious people can debate how much of each is necessary and where to make the largest changes, but anyone who rejects even one of the issues is either ignorant of the scale of the problem, blindly beholden to their preferred ideology, or lying.
Yesterday we discussed these issues. Today we look in greater detail at the public statements of various individuals and organizations to see if they are actually serious about cutting the deficit, or if they just claim to be serious.
Since President Bush II presided over a massive expansion of government during his eight years in office, the GOP has, in most respects, become the party of “spend and don’t tax.” Continue reading