HEADLINE OF THE DAY…. McClatchy’s headline says quite a bit: “GOP: No more help for jobless, but rich must keep tax cuts.” That says quite a bit, doesn’t it?
Republicans will no doubt howl about “bias,” but the article actually just presents facts as they exist. Whether reality has a liberal bias is up to voters to decide.
Republicans almost unanimously oppose spending $33.9 billion for extended unemployment benefits for some 2.5 million people who’ve lost them, because they say it would increase federal budget deficits.
At the same time, they’re pushing a permanent extension of Bush administration tax cuts, especially for the wealthy, which could increase federal budget deficits by trillions of dollars over the next 10 years.
The article is filled with various rationalizations to justify this. Sen. Mike Crapo (R-Idaho), for example, thinks this makes sense because “tax policy is dynamic.” Good to know.
It’s generally hard to guess what the public will find compelling, but if I had to guess, I’d say more Americans would rather spend $33.9 billion for extended unemployment benefits than $678 billion for tax cuts for the wealthy.
It’s probably why the McClatchy article will be discouraging at RNC headquarters. Of course, if they Republican lawmakers don’t like it, they could embrace a policy more in line with common sense, but that seems highly unlikely.