What would the Tea Party say now? The GOP controls all three branches of government. Steve Daines and Greg Gianforte tout their “business” acumen. And somehow, our deficit is set to hit 1 TRILLION dollar for the first time ever next year.
Perhaps it has to do with the tax bill Gianforte and Daines supported that was projected to add over $1 trillion dollars to the deficit. Despite claims that these tax cuts would pay for themselves, it seems like Daines and Gianforte took their millions in tax breaks for themselves and their millionaire pals and left the next generation with the bill.
They swore that economic growth would pay for these tax handouts to the rich, but instead, well, let’s go to the AP story on the Congressional Budget Office report:
Instead, Monday’s report estimates that the GOP tax bill, which is Republican-controlled Washington’s signature accomplishment under Trump, will add $1.8 trillion to the deficit over the coming decade, even after its positive effects on the economy are factored in.
If only there was some way for Gianforte and Daines to know about this beforehand! Oh, wait, we knew this was going to happen but Daines and Gianforte stuck their heads in the sand and waited for their handout.
Fiscal conservatism is out, crony capitalism is in. Daines and Gianforte won’t support spending to help Montana. They’ll support tax cuts for themselves that put Social Security and Medicare on the chopping block in order to get the deficit under control.
The Tea Party ought to set their sights on two of their own and anyone else who supported this tax bill. Daines and Gianforte took conservative Republicans as easy marks, and it looks like they were right.