Wednesday, October 20, 2010

I always appreciate help getting perspective on huge piles of money

This NYTimes story highlights the disingenuousness of Republicans claiming to be the party of fiscal responsibility by putting recent Republican policy choices in perspective. For example:
Calculations by the nonpartisan Congressional Budget Office and other independent fiscal experts show that the $1.1 trillion cost over the next 10 years of the Medicare prescription drug program, which the Republican-controlled Congress adopted in 2003, by itself would add more to the deficit than the combined costs of the bailout, the stimulus and the health care law.

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