At a hardware store in suburban Washington, senior House Republicans in shirt sleeves showed off the 21-page document they say would guide them should they gain a majority of seats in the midterm balloting five weeks away.
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Posted on Sept. 23, 2010
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2:39 p.m.
Sep 23, '10
As Ezra Klein pointed out: It is a document with a clear theory of what has gone wrong -- debt, policy uncertainty, and too much government -- and a solid promise to make most of it worse.
Take the deficit. Perhaps the two most consequential policies in the proposal are the full extension of the Bush tax cuts and the full repeal of the health-care law. The first would increase the deficit by more than $4 trillion over the next 10 years, and many trillions of dollars more after that. The second would increase the deficit by more than $100 billion over the next 10 years, and many trillions of dollars more after that. Nothing in the document comes close to paying for these two proposals, and the authors know it: The document never says that the policy proposals it offers will ultimately reduce the deficit.