Wait what?
They vote to extend tax cuts for everyone. This means the government will be spending the same amount but will have less money from us to do it, so they will borrow money to pay for things like social security, etc.
But they're also saying they will not allow the government to raise the amount we can borrow, not letting the federal deficit to get any higher.
I agree with not raising the possible deficit, but why would you cut taxes to get it done? That makes no sense. It seems like they're just throwing attractive looking things like "no mo taxes!" and "balance the budget!" at people to get the vote of the uninformed who know those two things don't go together.
They vote to extend tax cuts for everyone. This means the government will be spending the same amount but will have less money from us to do it, so they will borrow money to pay for things like social security, etc.
But they're also saying they will not allow the government to raise the amount we can borrow, not letting the federal deficit to get any higher.
I agree with not raising the possible deficit, but why would you cut taxes to get it done? That makes no sense. It seems like they're just throwing attractive looking things like "no mo taxes!" and "balance the budget!" at people to get the vote of the uninformed who know those two things don't go together.