Mulvaney admits Republicans are hypocrites on cutting federal deficit - Business Insider

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Trump's chief of staff Mick Mulvaney just admitted Republicans are total hypocrites on cutting the federal deficit

During the Obama presidency, Republicans argued it was critical to curtail the level of federal spending to safeguard the nation's economic future. And as a House lawmaker from South Carolina, Mulvaney

as one of Congress' leading deficit hawks and called for better management of the government's finances.during a House Budget Committee hearing in March 2012. "Is that a plan for the future?" But the deficit grew under Trump's watch as a result of the 2017 Republican tax law, which slashed the corporate tax rate and extended temporary benefits for individuals. It's also surged as a result of rising government spending.

The deficit — which measures the shortfall of government revenues compared to what the government spends — is projected to blow past $1 trillion this year,

 

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But, they still want to use the $23 Trillion in national debt to justify eliminating safety net programs and cuts to earned benefits of Social Security and Medicare.

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