More Debt-Increasing Tax Cuts For Wealthy Coming

December 29, 2010

The GOP is once again in favor of using the reconciliation process after raising so much hell about its use during the passage of the health care reform bill in 2010 (which, by the way, will reduce the deficit). This is just another of the hundreds of things the Republicans were for before they were against it, or against before they’re for it.

During the process of passing the Bush tax cuts back in 2001 and 2003 the Republicans used reconciliation, a process used to get a bill pushed through with a minimum of votes and without filibuster. So when the Democrats gained control of Congress in 2008 they changed the rule to prevent that from happening again. But now that the Republicans are back in control of the House, the first thing they plan to do is roll back the change made by Democrats.

The new GOP rule will allow the reconciliation process to stay in place for anything that raises the deficit — except for more tax cuts.

“The new rules would stand the reconciliation process on its head, by allowing the House to use reconciliation to push through bills that greatly increase deficits as long as the deficit increases result from tax cuts, while barring the use of reconciliation in the House for legislation that reduces the deficit if that legislation contains a net increase in spending (no matter how small) that is more than offset by revenue-raising provisions.”

There’s an old saying: “Doing the same thing over and over, expecting different results, is insane.” But when you want the same result, just keep doing the same thing again and again — which is what the GOP plans to do. And they’ll keep getting away with it as long as they can con enough people into believing that legislating for Wall Street, corporations and wealthy people is in the best interest of the commoner.


lemming



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