Sunday, January 24, 2010

Hatch Admits Hypocrisy: ‘A Lot Of Things Weren’t Paid For’ When Republicans Ran Congress During Bush Years

In 2003, when the Bush administration was already projecting a budget deficit of $475 billion in fiscal year 2004, the Republican-controlled Congress passed a Medicare Prescription Drug Benefit that raised the deficit by $395 billion between 2004 and 2013. Despite enacting a massive, unpaid for entitlement expansion while in power, Republicans have attacked the cost of health care reform sought by President Obama and Democrats in Congress — even though the bill with the best chance of passage would reduce the deficit by $132 billion over 10 years and by $1.3 trillion over 20 years.

No comments: