Republicans Shoot Themselves in the Foot With Budget Deal

The signature legislative achievement of the Republican Party under the Obama administration was the passage of the Budget Control Act of 2011 (BCA). Passed with Democrats in control of the Senate and presidency, the BCA aimed to decrease the deficit by $2.1 trillion over the course of 10 years, including $1 trillion in savings from the budget caps it put in place. Though the BCA alone was not enough to bring runaway spending entirely under control, it was an important step along the road to fiscal responsibility. Yet with control of both houses of Congress and the White House, Republicans have eliminated the discretionary spending caps to be—leaving you, the American taxpayer, on the hook for well over $300 billion over the next two years alone in extra costs.

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