One day on the job running the place with a majority in the Senate and a venti majority in the House and the GOP has pretty much laid out what their priorities for the next 2 years are:
Steve Scalise, the one man in Louisiana who didn’t know what David Duke’s neo-Nazi organization (European-American Unity and Rights Organization (EURO)) was up to, is still the 3rd ranking Republican in the House. Hell, even the Chicago Cubs minor league team refused to stay in the same hotel as these “white culture” loving knuckleheads. But Scalise was blissfully ignorant and just gave his normal speech to them, ignoring the hoods. Michael Grimm (Felon-NY) had to go because felons embarrass the GOP, but the taint of racism is apparently not as embarrassing for the base. All you need to know about today’s GOP, really.
An attack on Social Security with a new rule that would threaten many recipients of social security disability payments, OR, at the very least could be used as leverage by the GOP for other “entitlement reforms”.
The Social Security and Medicare Boards of Trustees estimated last year that the disability insurance program would run short of money to pay all benefits some time in late 2016. Without a new reallocation, disability insurance beneficiaries could face up to 20 percent cuts in their Social Security payments in late 2016 — a chit that would be of use to Republicans pushing for conservative entitlement reforms.
And while other issues are micro, the real macro problem is always how the CBO figures out what things cost. Surely, that’s not controversial, is it? Well, it is if your ideological bent is for tax cuts in the morning, tax cuts for lunch and tax cuts for dinner.
More macroeconomic projections will be included in cost estimates for major fiscal legislation in the U.S. House of Representatives under a rule change approved on Tuesday, a move critics said could mask the true impact of tax cuts.
As Ed Kleinbard wrote in the NYT:
The Republicans’ interest in dynamic scoring is not the result of a million-economist march on Washington; it comes from political factions convinced that tax cuts are the panacea for all economic ills. They will use dynamic scoring to justify a tax cut that, under conventional scorekeeping, loses revenue.
Fasten your seat belts, it’s gonna be a bumpy ride.