May 18, 2017
Majority Leader Mitch McConnell is saying that any legislation that cuts taxes must be revenue neutral. “It will have to be revenue-neutral,” he said. “We have a $21 trillion debt.” When Mitch McConnell became majority leader of the Senate in January 2014, the national debt was $18 trillion. He’s assisted in running up the national debt by an additional $3.1 trillion. When American families don’t bring in enough money, they have to cut their spending. This never seems to be the case for government. In fact, the attitude of politicians is that government must never do without. More revenue or revenue neutral tax cuts won’t solve the national debt. Instead government must stop spending more than it takes in and make large cuts to its expenditures.