The article critiques the Republican approach to budget management, highlighting a disconnect between fiscal realities and proposed policies that include massive tax cuts without addressing deficit impacts. The Trump-Republican plan proposes significant tax reductions, banking on hypothetical economic growth to offset potential budget deficits. This approach, the article argues, reflects a problematic trend in Washington where fiscal decisions are often based on optimistic forecasts rather than grounded in sound mathematics, resulting in an ever-growing national deficit without accountability for sustainable solutions.
Washington is not a city of math thinking. It's too inconvenient to apply common-sense arithmetic. Instead, you get wonky "dynamic scoring," "budget windows" and "future growth."
The solution is always in a future that never comes.
Republicans want to cut taxes by a minimum of $4.5 trillion over 10 years, mainly extending President Trump's initial tax cuts.
The Trump/Republican budget plan bets that lowering taxes further will stimulate enough growth to alleviate our fiscal issues.
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