GOP Congressman Admits Republicans Don’t Care What Gets Cut In The Budget

By Adam Peck/Think Progress

Congressman Tom Price (R-GA) made a startling admission on CNN’s Starting Point on Wednesday morning, telling host Soledad O’Brien that Republicans are not concerned about how they cut spending — or the millions of people who suffer as a result — so long as they achieve a balanced budget.

O’BREIN: [The President] said he doesn’t want balance for the sake of balance, that actually the wrong kinds of cuts that would be hurtful to people would be a problem. What do make of what he told George Stephanopoulos?

REP. PRICE: We believe it’s important to balance not the how of ‘how you balance,’ but the ‘why’, why is it important to balance. well it’s important to get our budget in balance, so that means that Washington doesn’t spend more money than it takes in, just like families can’t, just like businesses across this country can’t.

Watch it:

The lack of concern over how Republicans are cutting some $5 trillion in spending is evident in the cuts they are planning to hand down to low-income families, young people, women and seniors, all of whom stand to lose significant protections under the Republicans’ balanced budget. Meanwhile, the Ryan budget likely maintains billions in tax savings for millionaires, Big Oil and financial conglomerates that will benefit from the proposed repeal of regulations imposed on Wall Street.

The comment provides a sharp contrast to President Obama’s competing vision for the federal budget. During an interview with Geroge Stephanopoulos, Obama argued that rushing to balance the budget during a recovery could undermine growth and significantly hurt the most vulnerable populations,” Obama said. “If we’ve controlled spending and we’ve got a smart entitlement package, then potentially what you have is balance. But it’s not balance on the backs of, you know, the poor, the elderly, students who need student loans, families who’ve got disabled kids. That’s not the right way to balance our budget.”

Republicans Claim Lousy Jobs Report Means Bush Tax Cuts For The Rich Must Be Extended

By Pat Garofalo

Today’s jobs report from the Bureau of Labor Statistics paints an ugly picture of lackluster job creation and increasing long-term unemployment. The Federal Reserve — which is taking its own steps to boost employment after dithering for months — has been reduced to pleading with Congress for further fiscal stimulus, in the hopes of averting an even longer jobs slog.

So, naturally, Congress is spending the day debating whether or not the richest two percent of Americans should receive a tax cut (in addition to the tax cut they will receive on their first $250,000 in income if, as everyone in Congress wants, tax rates are extended for the lower- and middle-classes). In fact, many House Republicans are claiming that the richest two percent of Americans desperately need a tax cut because of the bad jobs report:

House Minority Leader John Boehner (R-OH): Any sign of job growth in this struggling economy is encouraging, but clearly no match for the uncertainty families and small businesses are facing, which is why we must cut spending and stop all the looming tax hikes.

House Minority Whip Eric Cantor (R-VA): Today’s jobs report marks the 19th consecutive month in which unemployment has exceeded nine percent — an unacceptable result. We must do everything possible to bring that number down and get people back to work by ending the uncertainty that is plaguing the private sector. To start, Congress should reassure job creators and investors by taking the impending tax hikes off the table.

Rep. Mike Pence (R-IN): Today’s heartbreaking unemployment report should be yet another wake-up call to Democrats that raising taxes in the middle of the worst economy in 25 years is a mistake. Higher taxes on America’s small businesses won’t get anyone hired. I call on Washington Democrats to abandon their plan to raise taxes on small businesses and get America back to work.

Rep. Tom Price (R-GA): Nationwide, the unemployment rate has stayed at 9.4 percent or higher for 19 straight months. Yet instead of sensible policies to encourage private sector job creation, Democrats have pushed one job-killing idea after another…Well, higher taxes don’t hire Americans.

Sens. Mitch McConnell (R-KY) and Orrin Hatch (R-UT) took this line of thinking to the Senate floor today. Watch it:

As The Wonk Room noted, there was no attempt on the part of these Republicans to grapple with the fact that the Bush tax cuts ushered in the weakest period of job growth in the post-war period, or that the Congressional Budget Office ranks extending the Bush tax cuts as the least effective tax measure for promoting economic growth.