The republican economic plan – Dig DEEP!

The Republicans have been excoriating the democrats, since Obama has taken office, that they are “tax and spend” liberals. They say elect us because we have a plan to give more Americans back their money and fix the deficit.

I know others have given me grief for saying the repubs have no plan, but I guess I was wrong. It appears they do have a plan it is just a very very expensive one.

From the Washington Post:

Even as they hammer Democrats for running up record budget deficits, Senate Republicans are rolling out a plan to permanently extend an array of expiring tax breaks that would deprive the Treasury of more than $4 trillion over the next decade, nearly doubling projected deficits over that period unless dramatic spending cuts are made.

Aides to McConnell said they have yet to receive a cost estimate for the measure. But the nonpartisan Congressional Budget Office recently forecast that a similar, slightly more expensive package that includes a full repeal of the estate tax would force the nation to borrow an additional $3.9 trillion over the next decade and increase interest payments on the national debt by $950 billion. That’s more than four times the projected deficit impact of President Obama’s health-care overhaul and stimulus package combined.

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