"Republicans care deeply about deficits, unless they’re caused by tax cuts. Then they don’t give a damn.” -- Norm Ornstein of the American Enterprise Institute
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Footnotes
(*) NY Times: Their Way or No Highway
The Federal Highway Trust Fund is expected to run out of money in August. So, naturally, Congress is debating a temporary fix that involves letting corporations underfund their pension systems.
Washington -- House Republicans, who fervently pound the podium against the deficit, didn't blink Friday (July 11th) at passing a whopping $287 billion business tax cut measure with no effort to pay for or offset that amount.
GOP lawmakers argued the bill helps the economy, but budget-watching organizations outside Congress proclaimed it an irresponsible move.
Members of Congress certainly like to talk the talk, but when it comes to insider trading there seems to be little interest in walking the walk by cooperating with an investigation into a possible leak of confidential information that allowed for lucrative trading