Vote on the Reagan Tax Cuts of 1981 House: 321-107 (131 of those 321 yes votes are Democrats; one Republican votes no) Senate: 89-11 (37 of those 89 yes votes are Democrats; one Republican votes no) Vote on the Bush Tax Cuts of 2001 House: 240-154 (28 of those 240 yes votes are Democrats; no Republican votes no) Senate: 58-33 (12 of those 58 yes votes are Democrats; two Republicans vote no) Vote on the Trump Tax Cuts of 2017 House: 227-205 (none of those 227 yes votes are Democrats; 13 Republicans vote no) Senate: 51-48 (none of those 51 yes votes are Democrats; 1 Republican votes no)
This past Sunday, I appeared on Up With Chris Hayes, where I spoke briefly about the rise of austerity politics in the Democratic Party (begin video at 2:13). My comments were sparked by Bruce Bartlett’s terrific piece “‘Starve the Beast’: Origins and Development of a Budgetary Metaphor” in the Summer 2007 issue of The Independent Review. Barlett is a longtime observer of the Republican Party, from without and within. He was a staffer for Ron Paul and Jack Kemp, as well as a policy adviser to Ronald Reagan and a Treasury official under George HW Bush. Now he’s a critic of the GOP, writing sharp commentary at the New York Times and the Financial Times. He and I have argued about […]
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Categories
Economies, The Right
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Tags Alan Greenspan, balanced budget, Bruce Bartlett, debt ceiling, George HW Bush, George W. Bush, Gerald Ford, Grover Norquist, Herbert Hoover, John Kenneth Galbraith, Jude Wanniski, Milton Friedman, Obama, Richard Nixon, Ronald Reagan, starve the beast, tax cuts, Up With Chris Hayes