Speaking of believing lies more strongly, you have a host of deficit fanatics on Capitol Hill who cling to the deeply held belief that tax cuts create more revenue. At least, that’s the only explanation I can come up with for this lunacy:
Top Republicans called on Democrats in Congress and the White House to extend all the tax cuts that are set to expire at the end of this year.
Sen. Judd Gregg (N.H.), the top Republican on the Senate Budget Committee, joined House Minority Whip Eric Cantor (R-Va.) in pushing for the extension of a series of taxes set to expire at the end of this year, including a series of cuts for households making more than $250,000 per year.
“If you want to do something to stimulate the economy, you could make clear that tax rates aren’t going to go up at the end of the year,” Gregg said during an appearance on CNBC. “If this administration really wants to stimulate, say they’re going to continue those tax rates — all those tax rates.”
This is the same Judd Gregg who says the deficit is unsustainable, that we will put a giant burden on our children and grandchildren if we increase the deficit. Gregg sits on the deficit commission. And he wants another round of tax cuts so we don’t fall back into the hellish days of the peace-and-prosperity 1990s.
He’s not alone. Jon Kyl admits far too much here.
WALLACE: We’re running out of time, so how are you going to pay $678 billion just on the tax cuts for people making more than $250,000 a year?
KYL: You should never raise taxes in order to cut taxes. Surely congress has the authority and it would be right, if we decide we want to cut taxes to spur the economy, not to have to raise taxes in order to offset those costs. You do need to offset the cost of increased spending. And that’s what republicans object to. But you should never have to offset cost of a deliberate decision to reduce tax rates on Americans.
There you have it. You always have to pay for spending, say, to keep the unemployed from sinking into homelessness and penury, but you never have to pay for a tax cut. That’s the triumph of ideology. Why, next thing you know, someone will say we should raise taxes on the poor to pay for tax cuts for the rich! Oh wait…
Last night on CNBC, Wall Street Journal editorial board member Stephen Moore took this one step further, saying that he can’t “see the sense” of allowing cuts for the rich to expire, and then advocating that taxes be raised on the poorest Americans in order to finance tax cuts for the rich and corporations:
“I just don’t see the sense of this. In fact, if I could have my ‘druthers, I’d raise the ten percent tax rate to fifteen percent and lower the [top] rates…Let’s bring the [corporate] rate down.”
The ultimate example of this deficit fraudulence comes with the cuts to the military budget that the Pentagon and the political establishment have talked a good game about of late. Conservatives nod their head, rhetorically, but in the end, they work as hard as possible to maintain outdated weapons systems.
The White House has jumped on Kyl’s comments about tax cuts never needing to be paid for, at least. But you could spend the rest of your life pointing out this misinformation and never catch up to it all.