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In a switch, GOP deserts its budget-cutting mantra

Published on Sunday, October 8, 2017

In a switch, GOP deserts its budget-cutting mantra

The moves come as the federal deficit, the difference between what the government earns in revenue and spends on programs, is growing more quickly. It will be $600 billion this year and is projected to reach $1.46 trillion in a decade, even without additional policy actions.

“I felt there was a period, two or three years ago, when there was a real seriousness about trying to solve our fiscal issues,” said Sen. Bob Corker (R-Tenn.), a longtime deficit hawk who is part of a scarce group of Republicans consistently preaching restraint. “When the election result turned out what it was [in November], any thought of fiscal responsibility has gone out the window.”

He added, “It’s very disheartening to me that when the other side of the aisle was in charge we cared about fiscal issues, and now that we’re in charge we don’t care about fiscal issues. It’s very disheartening.”

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