Washington Post Shocked at GOP Turnaround on the Deficit

This is from the 2012 Republican convention. Good times.Tampa Bay Times/ZUMAPRESS

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Goodness me:

Republican lawmakers in 2011 brought the U.S. government to the brink of default, refused to raise the debt ceiling, demanded huge spending cuts, and insisted on a constitutional amendment to balance the budget.

On Wednesday, they formally broke free from those fiscal principles and announced a plan that would add $500 billion in new spending over two years and suspend the debt ceiling until 2019. This came several months after Republicans passed a tax law that would add more than $1 trillion to the debt over a decade.

With all these changes, the annual gap between spending and revenue in 2019 is projected to eclipse $1.1 trillion, up from $439 billion in 2015….The debt binge caps off a major reversal for the Republican Party, which has been swept up by President Trump’s demands for more spending and tax cuts at a time when the public seems to care less about debt than it has in years.

The wide-eyed tone of this story really grates. Republicans always care about the deficit when a Democrat is president. They always stop caring when a Republican is in office. And the public “seems” to care less about the debt because Republicans aren’t filling the airwaves with debt clocks and dire warnings that we’re going the way of Zimbabwe.

Come on, folks.

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We need to start raising significantly more in donations from our online community of readers, especially from those who read Mother Jones regularly but have never decided to pitch in because you figured others always will. We also need long-time and new donors, everyone, to keep showing up for us.

In "It's Not a Crisis. This Is the New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, how brutal it is to sustain quality journalism right now, what makes Mother Jones different than most of the news out there, and why support from readers is the only thing that keeps us going. Despite the challenges, we're optimistic we can increase the share of online readers who decide to donate—starting with hitting an ambitious $300,000 goal in just three weeks to make sure we can finish our fiscal year break-even in the coming months.

Please learn more about how Mother Jones works and our 47-year history of doing nonprofit journalism that you don't elsewhere—and help us do it with a donation if you can. We've already cut expenses and hitting our online goal is critical right now.

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