October 21, 2014

Is There Any Reason to Be Optimistic About Economic Policy in a GOP Congress?

November 1, 2010
The New Republic

Excerpt

Republicans have hammered President Obama for the growth of the national debt during his presidency...

But the Republicans so far seem unserious about actually living up to their slogans. Both the Concord Coalition and the Center for American Progress, for example, note that the Pledge to America would likely make the budget picture worse, not better. As a recent New York Times article noted: "Republicans’ ranks will almost certainly be strengthened by a wave of conservatives, including Tea Party loyalists, who are opposed to raising any taxes and to compromising with Democrats generally — a stand Congressional Republican leaders have adopted. And incumbents otherwise inclined to make deals are now wary, Republicans say privately, mindful of colleagues who lost primary challenges from Tea Party candidates."