We shouldn't have to say this, but here it is: Further Tax Cuts Would Be Irresponsible. See our full statementhttp://www.crfb.org/press-releases/further-tax-cuts-would-be-irresponsible …
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"Recent tax cuts and spending increases significantly worsened our fiscal outlook and threaten long-term economic growth; further unpaid-for tax cuts would make a bad situation far worse."http://www.crfb.org/press-releases/further-tax-cuts-would-be-irresponsible …
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"At a minimum, tax writers should adhere to the President’s commitment that new tax cuts be revenue neutral. Even then, it would be far better to use new offsets to finance the cost of tax cuts and spending hikes from the past year than for new expensive tax cuts."
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"And let’s not forget that tax cuts put on the credit card don’t pay for themselves – not even close."
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"Congress should abandon this idea and instead pursue an agenda to put our debt on a downward path back to normal levels. We must not triple down on recent fiscal irresponsibility with more needless debt." See the full statementhttp://www.crfb.org/press-releases/further-tax-cuts-would-be-irresponsible …
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