Where was the Republican concern for spending then?

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    Mar 14, 2011 12:47 PM GMT

    SEN. BERNIE SANDERS: Deficit Reduction Requires Shared Sacrifice


    "The rich are getting richer. The middle class and poor are getting poorer. What is the Republican solution to the deficit crisis? More tax breaks for millionaires and billionaires. Savage cuts in programs that are desperately needed by working families.

    There is another approach, which is why I've just introduced legislation imposing a surtax on those households earning a million dollars or more and the elimination of tax loopholes which the big oil companies take advantage of.

    Everyone agrees that this country has a major deficit crisis, but few discuss how we got there. When George W. Bush inherited the White House from Bill Clinton we had a significant surplus. Now we have a $1.5 trillion deficit. How did that happen?

    First, against my vote, Bush and Congress launched a war in Iraq. By the time we take care of our last veteran that war will end up costing us some $3 trillion. When the war drums were beating do you recall any of our Republican friends wanting to know how that unnecessary war was going to be paid for? I don't.

    Second, Republicans for years have pushed for huge tax breaks for the wealthiest people. I didn't hear them ask how that was going to be paid for.

    Third, under President Bush and a Republican-run House, Congress passed a $400 billion-plus Medicare prescription drug program. Written by the insurance companies and the drug companies, it barred the government from negotiating better prices. It drove up drug costs, padded pharmaceutical company profits and added to the deficit.

    Fourth, again over my objection, Congress voted for a massive bailout of Wall Street. I didn't hear too many people talking about how we would pay for that $700 billion to bail out Wall Street. I didn't hear them worrying that it would drive up the deficit. Wall Street, having destroyed the economy through their reckless and illegal behavior, needed a welfare check and Congress provided it. End of story.

    Those are some of the reasons we now have a deficit crisis, reasons Republicans don't talk much about when they provide soaring rhetoric about the dangers of large deficits. ..."

    The Huff Post
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    Mar 14, 2011 6:15 PM GMT
    It's a stone cold FACT that the Repubs claimed that "deficits don't matter" over and over again for the past 30 years, as they racked up massive yearly budget deficits year after year that they held the White House.
    They've only recently stopped claiming that "deficits don't matter".
    As soon as a Democratic president got elected - they suddenly they did a huge FLIP-FLOP, and started claiming to give a shit about deficit spending.

    Now they talk about deficits as if they've always been the party that was concerned about deficits.
    It's yet another BIG LIE from the Repubs.
    They don't give a shit about the truth, or behaving responsibly, or being accountable for their own actions.
  • Webster666

    Posts: 9217

    Mar 14, 2011 8:21 PM GMT
    I love Bernie Sanders.
    He's the only person in Congress who has the guts to stand up and tell it like it is.
    And, the facts show that he's 100% correct.
    All the Republicans want is power.
    And, in reality, they don't give a damn about spending.
    Facts don't lie.