BAD ARITHMETIC? Dems’ Budget Accused of Double-Counting Cuts
Senate Democrats’ budget plan is coming under increasing criticism from Republicans, who say it effectively pats itself on the back twice for savings that were only achieved once — and even then, promises another $7.3 trillion in debt over the next decade.
The Democrats’ plan passed out of committee last week on a party-line vote. It serves as the party’s response to the Republican plan introduced in the House by Rep. Paul Ryan of Wisconsin.
Last week’s announcements were complemented by a fast-paced round of partisan crossfire. Republicans accused Democrats of ignoring the national debt. Democrats accused Republicans of wanting to gut entitlements to preserve tax rates for top earners.