Revisionist History
So, on the This Week panel today I didn’t get a chance to weigh in on the biggest whopper from Sen. Lamar Alexander, who told Elizabeth Vargas that reconciliation — I don’t have the exact transcript — had in the past been used for small things and “to reduce the deficit”.
In fact, reconciliation was used to pass the two major Bush tax cuts, which increased the deficit — by $1.8 trillion.
And there’s no penalty for this kind of deception.
Update: Brad DeLong has the transcript, including my final lament.
In fact, reconciliation was used to pass the two major Bush tax cuts, which increased the deficit — by $1.8 trillion.
And there’s no penalty for this kind of deception.
Update: Brad DeLong has the transcript, including my final lament.
No comments:
Post a Comment