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Shouldn't Congress Tell Us How We'll Pay for Tax Cuts?

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'The GOP led Congress passed a huge permanent package of tax measures, but refused to pay for it, adding $2 trillion to the deficit over the next two decades, despite a rule  requiring lawmakers to account for new expenditures by offsetting budget cuts or revenue increases. The Tax Reform Act of 1986 was grounded in this rule.It still allows for flexibility in overall discretionary budget increase, but it forces lawmakers to account for the impact of laws that have consequences for federal revenues or mandatory spending.  Congress is ignoring the inescapable mathematical realities behind budgeting, advancing a narrow and expensive agenda largely benefiting special interests-adding trillions to the deficit in the coming decades. Their refusal to adhere to Paygo also undermines the long-overdue passage of broad, bipartisan tax reform that would close special interest loopholes.

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Susan Lee Schwartz Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)
 

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