Real tax cuts require real spending cuts

Tax-and-spend is bad. Borrow-and-spend is horrible too. Both approaches take resources from the productive sector and use it to fund government waste. But borrow-and-spend does so at a premium, by consuming more and more money to fund interest payments. Bottomline: Republican tax cut proposals are frauds because they will increase the national debt. Tell Congress to cut both spending and taxes at the same time.

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