Republican Deficit Quotes

It’s hard to argue with Senator Rand Paul, who, during a lonely protest on the Senate floor, said, “If you were against President Obama’s deficits, and now you’re for the Republican deficits, isn’t that the very definition of hypocrisy?”63 But, of course, he’s a hypocrite too, having voted for the massive tax cut.

But if Donald Trump is the Republican nominee in 2024, we must do everything we can to defeat him. If Trump is on the ballot, the 2024 presidential election will not just be about inflation, or budget deficits, or national security, or any of the many critical issues we Americans normally face. We will be voting on whether to preserve our republic. As a nation, we can endure damaging policies for a four-year term. But we cannot survive a president willing to terminate our Constitution.

Although you won’t find it in their party platform, the GOP’s mission is to protect and further enrich America’s plutocracy. The party’s caterwauling about deficits and debt is so much eyewash to blind the public. In reality, Republicans act as bellhops for corporate America and the superrich behind those corporations.

We must recognize that we do not have a two-party system in this country; we have one party, the big government party. There is a republican version that assaults our civil liberties and loves deficits and war, and a democratic version that assaults our commercial liberty and loves wealth transfers and taxes.

Both sides of the aisle - Republican and Democrat - have been unwilling and afraid to address the deficit, and someone's got to.

Trump’s mendacity is so extreme that news organizations have resorted to assembling lengthy lists of lies he’s told, insults he’s delivered, norms he’s violated, in addition to hiring squads of fact-checkers. And his shamelessness has emboldened politicians around him to lie with even more effrontery than ever. Republicans in Congress, for instance, blatantly lied about the effects their tax bill would have on the deficit and social safety net provisions, just as they lied about how much it would help the middle class, when in fact it was all about giving tax breaks to corporations and the very rich.

On Rachel's show for November 7, 2012: Ohio really did go to President Obama last night. and he really did win. And he really was born in Hawaii. And he really is legitimately President of the United States, again. And the Bureau of Labor statistics did not make up a fake unemployment rate last month. And the congressional research service really can find no evidence that cutting taxes on rich people grows the economy. And the polls were not screwed to over-sample Democrats. And Nate Silver was not making up fake projections about the election to make conservatives feel bad; Nate Silver was doing math. And climate change is real. And rape really does cause pregnancy, sometimes. And evolution is a thing. And Benghazi was an attack on us, it was not a scandal by us. And nobody is taking away anyone's guns. And taxes have not gone up. And the deficit is dropping, actually. And Saddam Hussein did not have weapons of mass destruction. And the moon landing was real. And FEMA is not building concentration camps. And you and election observers are not taking over Texas. And moderate reforms of the regulations on the insurance industry and the financial services industry in this country are not the same thing as communism. Listen, last night was a good night for liberals and for democrats for very obvious reasons, but it was also, possibly, a good night for this country as a whole. Because in this country, we have a two-party system in government. And the idea is supposed to be that the two sides both come up with ways to confront and fix the real problems facing our country. They both propose possible solutions to our real problems. And we debate between those possible solutions. And by the process of debate, we pick the best idea. That competition between good ideas from both sides about real problems in the real country should result in our country having better choices, better options, than if only one side is really working on the hard stuff. And if the Republican Party and the conservative movement and the conservative media is stuck in a vacuum-sealed door-locked spin cycle of telling each other what makes them feel good and denying the factual, lived truth of the world, then we are all deprived as a nation of the constructive debate about competing feasible ideas about real problems. Last night the Republicans got shellacked, and they had no idea it was coming. And we saw them in real time, in real humiliating time, not believe it, even as it was happening to them. And unless they are going to secede, they are going to have to pop the factual bubble they have been so happy living inside if they do not want to get shellacked again, and that will be a painful process for them, but it will be good for the whole country, left, right, and center. You guys, we're counting on you. Wake up. There are real problems in the world. There are real, knowable facts in the world. Let's accept those and talk about how we might approach our problems differently. Let's move on from there. If the Republican Party and the conservative movement and conservative media are forced to do that by the humiliation they were dealt last night, we will all be better off as a nation. And in that spirit, congratulations, everyone!

The individual income tax rates were pegged at 10, 12, 22, 24, 32, 35 and the top rate, 37 percent. The drop from 39.6 percent was standard Republican tax cutting. In the end, the law would add an estimated $1.5 trillion to the annual deficit over 10 years.

We American's are the example of insanity. Doing the same thing over and over again and expecting a different result. We vote Republican; again buying the line that they are deficit hawks and, when in power, they both feast on our blood and treasure and stuff their coffers with sweat literally from our brows. Again, fed up, we elect Democrats and they repair what the Republicans purposely and yet strategically managed to do. Then, like a Phoenix rising from the ashes with renewed youth, the Republican deficit hawks emerge; spoon feeding us the same old bullshit until we bend to their will. We, in turn, vote them to power and, yet again, the ravenous lot feeds. This year...this era, however, they're governing like Kamikaze pilots, not giving one bit of damn about either public opinion nor their place in government. I believe that they see the writing on the wall and, with much fervor, are seeking to grab everything they can get their greedy little hands on. Will we ever get off this hamster wheel, my fellow Americans?

In one especially shameless instance, GOP lawmakers demanded that the Democratic White House endorse legislation to create a bipartisan commission on deficit reduction. When Obama did exactly what they requested, Republicans quickly killed the bill. In fact, six GOP senators who cosponsored the legislation ended up voting against their own proposal.

They had forced Obama to play their budget game. Instead of talking about jobs and spending, he was talking about the deficit and bargaining with them over how many trillions to cut. “We led. They reacted to us,” exulted Kevin McCarthy, the House Republican whip. The donors were excited, too. Just the fact that Obama had been thrown on the defensive convinced those whose fortunes had helped pay for the Ryan plan that their investment was worth it.

The great cause of the new Republican intake is the reduction of the deficit but to anyone seeking evidence of sincere attempts at deficit-reduction the evidence is baffling. The Republicans showed before Christmas that they would seek to reduce the deficit but not when it came to a matter of the tax breaks that had aggravated the deficit in the first place. Now there's a date set for the abolition of Barack Obama's healthcare plan, parts of which only came into operation at the start of this month. The Republicans are out to destroy the plan. Or, more precisely, to pretend to destroy the plan in the name of making good on election pledges. The measure won't get past the Senate. But suppose it did get past the Senate, what effect would this have on the deficit? The answer is it would aggravate the deficit. Somehow, somewhere, there's an override mechanism that makes destroying Obamacare more important than destroying the deficit. If only one could figure out how it works.

Being against “out-of-control federal spending,” a phrase I must have used in a hundred ads, is a catechism of the Republican faith. But no one really believes in it any more than communicants believe they are actually eating and drinking the body and blood of Christ. It just makes the members of the Republican Church feel closer to their political God. In reality, the Republican Party isn’t serious about deficit reduction, because politicians know their voters don’t feel affected by the mind-boggling numbers and subsequently don’t really care.

The Republican Party is slightly ahead of Democrats when it come to devaluing any traditional understanding of foreign and national security policy. This is not surprising, because in all other matter of public policy, the GOP has strictly subordinated practical governance and problem solving to the emotional thematics of an endless political campaign. Whether the topic is Iran, Russia, or the proper level of defense spending at a time of high deficits, the GOP's stance has little to do with the merits of the situation; it is a projection of domestic political sloganeering. Taking a position on anything, whcther it be Ukraine or the efficacy of drones, boils down to a talking-point projection of focus groups-tested emotional themes: strength versus weakness, standing tall versus cutting and running, acting versus thinking." pp. 157-158

In his first two years in office, with a slender majority in the House of Representatives and a Senate split fifty-fifty, the Democrats managed to pass historic legislation that echoed that of FDR and LBJ, shoring up the economy, rebuilding the country’s infrastructure, and investing in the future, trying to bring the disaffected Americans who had given up on democracy back into the fold. In March 2021, Democrats passed the $1.9 trillion American Rescue Plan to combat the coronavirus pandemic and stimulate the economy that it had hobbled. In November 2021, some Republicans were persuaded to get on board to pass the $1.2 trillion Bipartisan Infrastructure Law to rebuild the country’s roads and bridges and to install broadband in rural areas across the nation. A few Republicans also backed the 2022 CHIPS and Science Act, which invested $52 billion in the domestic manufacture of semiconductors and boosted scientific research in the U.S. And in August 2022, the Democrats passed the Inflation Reduction Act, which made historic investments in addressing climate change, expanded health coverage, reduced the deficit, and raised taxes on corporations and the very wealthy.

Politicians are the only people in the world who create problems and then campaign against them. Have you ever wondered why, if both the Democrats and Republicans are against deficits, we have deficits? Have you ever wondered why if all politicians are against inflation and high taxes, we have inflation and high taxes? You and I don’t propose a federal budget. The president does. You and I don’t have Constitutional authority to vote on appropriations. The House of Representatives does. You and I don’t write the tax code. Congress does. You and I don’t set fiscal policy. Congress does. You and I don’t control monetary policy. The Federal Reserve Bank does. One hundred senators, 435 congressmen, one president and nine Supreme Court justices — 545 human beings out of 235 million — are directly, legally, morally and individually responsible for the domestic problems that plague this country. I excused the members of the Federal Reserve Board because that problem was created by the Congress. In 1913, Congress delegated its Constitutional duty to provide a sound currency to a federally chartered by private central bank. I exclude all of the special interests and lobbyists for a sound reason. They have no legal authority. They have no ability to coerce a senator, a congressman or a president to do one cotton-picking thing. I don’t care if they offer a politician $1 million in cash. The politician has the power to accept or reject it. No matter what the lobbyist promises, it is the legislators’ responsibility to determine how he votes. Don’t you see the con game that is played on the people by the politicians? Those 545 human beings spend much of their energy convincing you that what they did is not their fault. They cooperate in this common con regardless of party. What separates a politician from a normal human being is an excessive amount of gall. No normal human being would have the gall of Tip O’Neill, who stood up and criticized Ronald Reagan for creating deficits. The president can only propose a budget. He cannot force the Congress to accept it. The Constitution, which is the supreme law of the land, gives sole responsibility to the House of Representatives for originating appropriations and taxes. Those 545 people and they alone are responsible. They and they alone should be held accountable by the people who are their bosses — provided they have the gumption to manage their own employees.

The president fundamentally wants to be liked” was Katie Walsh’s analysis. “He just fundamentally needs to be liked so badly that it’s always … everything is a struggle for him.” This translated into a constant need to win something—anything. Equally important, it was essential that he look like a winner. Of course, trying to win without consideration, plan, or clear goals had, in the course of the administration’s first nine months, resulted in almost nothing but losses. At the same time, confounding all political logic, that lack of a plan, that impulsivity, that apparent joie de guerre, had helped create the disruptiveness that seemed to so joyously shatter the status quo for so many. But now, Bannon thought, that novelty was finally wearing off. For Bannon, the Strange-Moore race had been a test of the Trump cult of personality. Certainly Trump continued to believe that people were following him, that he was the movement—and that his support was worth 8 to 10 points in any race. Bannon had decided to test this thesis and to do it as dramatically as possible. All told, the Senate Republican leadership and others spent $ 32 million on Strange’s campaign, while Moore’s campaign spent $ 2 million. Trump, though aware of Strange’s deep polling deficit, had agreed to extend his support in a personal trip. But his appearance in Huntsville, Alabama, on September 22, before a Trump-size crowd, was a political flatliner. It was a full-on Trump speech, ninety minutes of rambling and improvisation—the wall would be built (now it was a see-through wall), Russian interference in the U.S. election was a hoax, he would fire anybody on his cabinet who supported Moore. But, while his base turned out en masse, still drawn to Trump the novelty, his cheerleading for Luther Strange drew at best a muted response. As the crowd became restless, the event threatened to become a hopeless embarrassment. Reading his audience and desperate to find a way out, Trump suddenly threw out a line about Colin Kaepernick taking to his knee while the national anthem played at a National Football League game. The line got a standing ovation. The president thereupon promptly abandoned Luther Strange for the rest of the speech. Likewise, for the next week he continued to whip the NFL. Pay no attention to Strange’s resounding defeat five days after the event in Huntsville. Ignore the size and scale of Trump’s rejection and the Moore-Bannon triumph, with its hint of new disruptions to come. Now Trump had a new topic, and a winning one: the Knee.

Obama accused the Republicans of giving “more than $1 trillion in new tax breaks to the wealthy” and argued that it was “less about reducing the deficit than it’s about changing the basic social compact in America.

Look, we’ve seen this over and over again—three times since 1980. Republicans rail against budget deficits when they’re out of power, then drop all their concerns and send the deficit soaring once they are in a position to cut taxes. Then when it’s the Democrats’ turn, they’re expected to clean up the Republicans’ red ink rather than address their own priorities. Enough already.

Whether people realize it or not, “classic” American conservatism—with its emphasis on small government, balanced budgets, free trade, and the innovative firepower of the free enterprise system—has become an anachronism since the rise of Donald Trump as a political force. As he emerged as the leader of the “conservative” party, he advocated enormous increases in government spending, producing huge budget deficits; promised trade protectionism; and worked to close borders to immigrants. What conservatism means today has, in a sense, gone back to the future. William Jennings Bryan—a turn-of-the-twentieth-century Democrat—would be happier than either Barry Goldwater or Ronald Reagan with the sort of agenda now put forward by the Republican Party.

But what’s happening in the Senate right now really does deserve Trumpian superlatives. The bill Republican leaders are trying to ram through this week without hearings, without time for even a basic analysis of its likely economic impact, is the biggest tax scam in history. It’s such a big scam that it’s not even clear who’s being scammed—middle-class taxpayers, people who care about budget deficits, or both. One thing is clear, however: one way or another, the bill would hurt most Americans. The only big winners would be the wealthy—especially those who mainly collect income from their assets rather than working for a living—plus tax lawyers and accountants who would have a field day exploiting the many loopholes the legislation creates.

Getting U.S. public debt on a sustainable path will require more sacrifice from the American public. Just to slow debt growth to the rate of GDP growth (or a steady debt-to-GDP ratio) from today through 2040, changes to current policy would have to be dramatic: cut entitlements by 10 percent or cut discretionary spending by 24 percent or increase tax revenue by 6 percent, or some combination of the three.27 Adjustments to actually lower the debt-to-GDP ratio would be even more painful. Ideally, the debt-reduction burden would be shared by all Americans. But one thing is certain—less generous entitlement programs and tax increases will need to be part of any balanced solution. PUBLIC OPINION: FOR A BALANCED BUDGET, BUT AGAINST SACRIFICES TO BALANCE THE BUDGET Changes in entitlement programs and tax increases, however, collide with an American public that largely wants neither. Almost as a rule, Americans support a balanced federal budget. But public opinion moves decisively in the other direction when Americans are asked about the specific actions necessary to balance the budget.28 Entitlement programs are broadly popular. Although most Americans understand that entitlements have a financing problem, they oppose making them less generous. When given the choice between preserving entitlements and reducing the deficit, Americans prefer the status quo. A solid majority, or 69 percent, would rather keep entitlements as they are and incur the debt consequences, whereas only 23 percent say the country should take steps to reduce the budget deficit that would include entitlement cuts.29 It is understandable that older Americans are more inclined than their younger counterparts to want to preserve entitlements. But even so, most Americans age eighteen to twenty-nine, who will foot the future debt interest bill, still favor entitlement preservation over debt reduction. Perspectives differ depending on party affiliation: Republicans are more likely than Democrats to favor making deficit reduction a priority. There may be a “tax more” option. Americans do appear to favor increasing taxes on the rich, though Democrats more so than Republicans.30 It is unclear, however, whether Americans would favor raising their own taxes to cover their entitlement expenses. This suggests a fundamental disconnect between the services Americans want and what they are willing to pay in taxes to fund them.

The Republicans want to frighten the voters into believing that the Democrats will sell out Israel and the United States. Selling this phony message is tremendously important to them as they get ready for the 2016 election. Domestically, their arguments against the Democrats are vanishing. Obamacare is increasingly popular as signups become more efficient. The deficit—the Holy Grail for Republicans—is shrinking. Unemployment is declining. All they can do is complain that Obama and the Democrats are surrendering to Islam.

Fighting unemployment by methods far more costly than the opening of bread lines and soup kitchens would not have been given serious consideration, regardless of which party might have been in office. Since 1932 all that is reversed. The Democrats may or may not be less concerned with a balanced federal budget than the Republicans. However, from President Eisenhower on down, with the possible exception of former Secretary of the Treasury Humphrey, the responsible Republican leadership has said again and again that if business should really turn down they would not hesitate to lower taxes or make whatever other deficit-producing moves were necessary to restore prosperity and eliminate unemployment. This is a far cry from the doctrines that prevailed prior to the big depression.

She won’t care,” Bobby finished. “Don’t you see? That’s the thing about mamas like Dixie. Same with the evangelical Republicans and their ‘family values.’ Or their positions on the deficit or communism. It’s all a lie. A cover. At bottom, it’s about money and power. The end always justifies the means. Dixie’s daughter’s the same, I’ll bet. She’d marry a gay man to be First Lady, then divorce him four or five years down the road.

I was never burdened by the notion that I was working for a political party that was fundamentally hypocritical on the deficit and economy and one that would proceed to impeach Bill Clinton for lying about sex under the leadership of Speaker Newt Gingrich, who was having an affair with a former House intern himself.

There was a reason, I told Valerie, why Republicans tended to do the opposite—why Ronald Reagan could preside over huge increases in the federal budget, federal deficit, and federal workforce and still be lionized by the GOP faithful as the guy who successfully shrank the federal government. They understood that in politics, the stories told were often as important as the substance achieved.

In 2019, at the peak of the business cycle, a Republican president presided over the largest federal deficit in American history unprompted by either war or recession.

Any pretense that the Republican Party, if only given complete control of all three chambers of power, would focus on the deficit was just one of the myths shattered in the first two years of the Trump presidency.

In reality, the Republican Party isn’t serious about deficit reduction, because politicians know their voters don’t feel affected by the mind-boggling numbers and subsequently don’t really care.

Although the Republicans in the 2018 congressional races were looking, according to Bannon’s numbers, at a 15-point deficit, it was Bannon’s belief that the more extreme the right-wing challenge appeared, the more likely the Democrats would field left-wing nutters even less electable than right-wing nutters.