Conservative Republicans are at it again, threatening to cut off the government’s borrowing authority if they don’t get their way on spending. One reason they get away with such mischief is that they prey upon common misperceptions about the budget—in particular, the widespread sense that nobody in Washington cares about the deficit. The evidence suggests otherwise: The deficit is actually coming down these days. And a huge reason is changes in government policy.
Joe Scarborough is right about the deficit, but wrong about the solution
Joe Scarborough is right about the deficit, but wrong about the solution.