The United States government is facing historic budget deficits. A wave of new Republicans are going to Washington, DC, with the idea in mind they will slash “spending”, “shrink the federal workforce” and reduce benefits for “entitlements”, i.e. social programs. What they do not have a way to understand is that the entire budget deficit crisis is a direct result of specific policies enacted by former president George W. Bush and the Republican-controlled Congress of 2001-2006.
Rand Paul, senator-elect from Kentucky, who has risen to prominence making promises to a Tea Party base that the media say wants more than anything to slash government spending. Paul told CBS News’ ‘Face the Nation’ today that he wanted to cut spending for social programs, establish the Bush tax cuts for the wealthiest of the wealthy as a permanent feature of the American economy —despite their failure to create jobs— and hold off on cutting Defense Department waste, despite acknowledging this would be necessary to shrink the deficit.
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