Are Republicans serious about reducing the deficit?

The GOP is pushing for lower deficits — while insisting the Bush tax cuts remain in place. Does that make sense?

Jon Kyl

The debate over the deficit just got hotter. Republicans are calling on Democrats to reduce spending, but at the same time they're pushing to extend George W. Bush's tax cuts, including those for the extremely wealthy, that are set to expire this year. Senate Minority Whip Jon Kyl (R-AZ) explained on "Fox News Sunday" that maintaining the tax cuts is necessary to stimulate the economy, even if Congress doesn't find a way to offset the cost, which some put at $678 billion over 10 years. Liberal bloggers pounced, saying that Kyl's remarks proved that Republicans aren't "serious" about cutting the deficit. Is it possible to support deficit reduction and tax cuts at the same time? (Watch Jon Kyl's Republican defense)

Republicans are living in a fantasy world: Sen. Jon Kyl's insistence that Congress should never have to offset the cost of a tax cut, says Ezra Klein in The Washington Post, "is much crazier than anything you hear from Democrats." A Democrat would be "laughed out of the room" for saying spending should never be offset. "Back in the real world, tax cuts and spending increases have the exact same effect on the budget deficit." Kyle and company don't really hates deficits — they are just exploiting deficit fears for partisan gain.

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