I’ve said this plenty before, but here it is again. When Mitt Romney and Paul Ryan tell you their plan to cut taxes and increase defense spending is revenue neutral, they are lying. They’ll make up the difference through reduced spending and eliminating tax deductions they say. But they won’t.
Cutting taxes is easy (who doesn’t want to pay a lower tax rate). Increasing defense spending is easy (you want our troops to have body armor, right?) Those things are easy. But cutting spending is hard because a lot of government programs are very popular. Eliminating deductions is hard for the same reason. So they won’t actually do it. This way, they get all the political gain of being “responsible” and “courageous” without any of the costs of, ya know, actually being those things. And so the debt, necesarily, skyrockets.
If you believe the Romney administration will reduce the national debt, you are being conned. It really is that simple.
[…] in revenue would mean tremendous cuts in spending, which just aint gonna happen. We’ve been over this […]