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Republican “Fiscal Conservatives” ALWAYS Balloon Debt To Justify Cuts

Written by Mark

Republican “starve the beast” strategy never changes. Cenk Uygur and John Iadarola, hosts of The Young Turks, discuss. Tell us what you think in the comment section below. http://www.tytnetwork.com/join

“The tough lessons are piling up for Republicans as they struggle to repeal the Affordable Care Act, but one stands out as a harbinger of things to come: Tax cuts for the rich, paired with reduced services for the poor, are a politically unpalatable combination.

Unable to get the first version of their health care bill off the ground, Senate Republicans are expected to release a revised bill on Thursday that would keep two of the taxes on the wealthy that were imposed by President Barack Obama’s health law: the 3.8 percent tax on investment income and the 0.9 percent surcharge on Medicare taxes, both imposed on high-income earners.

Republicans have long said that these taxes are killing jobs and strangling economic growth, but the juxtaposition of repealing hundreds of billions of dollars in taxes for the wealthy and cutting deeply into Medicaid has become untenable.”*

Read more here: https://www.nytimes.com/2017/07/12/us/politics/republicans-tax-cuts-service-cuts-for-poor.html

Hosts: Cenk Uygur, John Iadarola

Cast: Cenk Uygur, John Iadarola

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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)

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