( CNN) The committee is two things that can expand fiscal deficits: Lessened tax revenues and increased expend. Right now, we have both.
But Republicans, who have historically decried fiscal irresponsibility, only would like to speak about expend.
“It’s very disturbing, ” said Senate Majority Leader Mitch McConnell on Bloomberg TV on Tuesday, on the freshly releaseddeficit numbers. “And it’s driven by the three large-hearted entitlement programs that are very popular, Medicare, Social security systems, and Medicaid.”