GOP Is Not Serious About Deficits

James Holman: “Mitch McConnell told President Trump privately last month that no politician has ever lost an election for spending more money. That mind-set – caring more about the next election than the next generation – helps explain why the Senate majority leader and the president endorsed a budget deal last night, which still needs to pass Congress, that will raise spending limits by $320 billion while suspending the federal debt ceiling until after both men’s 2020 reelection fights.”

“It also illustrates how hollow so much of the rhetoric from McConnell, Trump and other Republicans was during Barack Obama’s presidency.”