Originally posted at Capital Gains and Games.
Over at Economix, Bruce Bartlett does a very nice job explaining how House Republicans are trying to change the congressional budget process so that cutting taxes is never a problem no matter what damage that would do to the deficit and national debt.
Here’s the money quote:
…the Republican effort is just a smokescreen to incorporate phony-baloney factors into revenue estimates to justify unlimited tax cutting. How soon before the C.B.O. is required to incorporate estimates from the right-wing Heritage Foundation in its calculations?
