Mulvaney Admits GOP Doesn’t Care About Bloated Deficit Under Millionaire-Friendly Trump

Acting White House Chief of Staff Mick Mulvaney answers questions during a briefing at the White House October 17, 2019. (Photo by Win McNamee/Getty Images)
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Acting White House Chief of Staff Mick Mulvaney said the quiet part out loud on Wednesday night.

Mulvaney reportedly admitted during a speech at an Oxford Union event in Britain that today’s Republican Party doesn’t honestly care about curtailing the now-staggering deficit when it comes to their preferred policies, according to an audio tape obtained by the Washington Post.

“My party is very interested in deficits when there is a Democrat in the White House,” the acting chief of staff said. “The worst thing in the whole world is deficits when Barack Obama was the President.”

“Then Donald Trump became president, and we’re a lot less interested as a party,” he continued.

President Donald Trump’s GOP-approved tax cuts in 2017, which primarily benefited the wealthy, caused the deficit to skyrocket to over 1 trillion dollars by 2020. Treasury Secretary Steven Mnuchin and other administration officials insisted back then (and still insist now) that the cuts will “pay for themselves,” but even one of the GOP congresspeople who crafted the tax bill, Rep. Kevin Brady (R-TX), admitted in July last year that they might not.

Mulvaney said on Wednesday night that while the deficit is “extraordinarily disturbing,” the GOP is “evolving” on the issue thanks to Trump.

Even still, Republicans have stridently attacked Rep. Alexandria Ocasio-Cortez’s (D-NY) Green New Deal, universal health care, and other progressive legislation, claiming that such proposals will “bankrupt” the country.

And if Republicans want to tackle the deficit they inflated, they won’t do it with a pollution tax that would help combat climate change, according to Mulvaney.

“We take the position in my party that asking people to change their lifestyle dramatically, including by paying more taxes, is simply not something we are interested in doing,” he said.

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Notable Replies

  1. "…including by paying more taxes, is simply not something we are interested in doing,”

    How about following the rule of law? Or constitutionally mandated oversight? Or showing any shred of honor or integrity? Are those things you have any interest in doing?

    Thought not.

  2. Don’t worry, you’ll be back to caring about deficits in less than a year.

  3. No sht, Sherlock. You only ‘care’ when you think the brown man might get credit for saving this country.

  4. Well, color me shocked and surprised!

    :smirk:

  5. Mulvaney said on Wednesday night that while the deficit is “extraordinarily disturbing,” the GOP is “evolving” on the issue thanks to Trump.

    Trump had nothing to do with it. It’s been the GOP position before he appeared on the scene.

    In 2002, Vice-President Dick Cheney and the Bush administration’s economic team met to discuss a second round of tax cuts, which would follow Bush’s 2001 cuts. At the meeting, “then-Treasury Secretary Paul H. O’Neill pleaded that the government — already running a $158 billion deficit — was careening toward a fiscal crisis.” Allegedly, Cheney replied by saying that “deficits don’t matter.”

    Six years later, the Bush administration’s consistent belief that deficits don’t matter has increased the national debt to over $10 trillion. This is the highest dollar amount ever, and pushes the debt to 69% of the gross domestic product, which is the highest percentage since 1955.

    https://thinkprogress.org/six-years-after-cheney-said-deficits-dont-matter-the-national-debt-hits-a-50-year-high-40193bdadd2e/

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