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Political Discussion
Reply to "Republicans and the debt ceiling "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] But they'd be completely happy with both cutting spending and cutting taxes at the same time, thereby ballooning the deficit even more.[/quote] I don't think they would be happy with cutting spending. Not in any real way. Too many of their constituents are on social security and medicare, and plenty of campaign contributions come in from defense contractors. No new taxes, no cuts to Social Security or Medicare, no cuts to defense spending -- that limits spending cut options a lot. [/quote] Assuming they are still willing to service the debt, that makes their cuts mathematically possible only if they zero out every other line item. Defense + VA is 22%. Social security is 25%, Medicare is 14%, and interest is 7%. That 68% is untouchable according to McCarthy. He's 22% cuts would have to come from only 32% of the budget which means zeroing out a lot of what's left [/quote]
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