The Tax Extenders Spectacle Proves Washington Doesn’t Get Deficit Reduction
June 21, 2010 at 23:27 PM EDT
By allowing $31 billion of tax breaks to expire every year, Congress gives the appearance of lower future deficits. When the deficit was $161 billion four years ago, that would make a difference. Now that it’s $1.4 trillion, it’s a trifle, but Congress still goes through the exercise, just like a drug addict who requires [...]
