Today, congressional republicans indicated that they would approve an extension of the payroll tax cut without corresponding spending cuts to offset the cost. In other words, they have agreed to increase the debt. In doing so, they rejected the democrats proposal to offset the cost by increasing taxes on millionaires.
This is a clear demonstration of their priorities. When faced with the choice of increasing the debt or increasing taxes on the wealthy, they chose debt. It’s been abundantly clear that republicans were not actually concerned by the debt for some time now, but today’s news should count as further proof.
Keep this in mind, as it is the proper frame through which to view all of the pearl clutching that is kicking into high gear over the president’s budget proposal.
520 Chestnut 
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