Tax cut … with no spending offsets?

I’ll have to admit that I’m a little slow on the uptake at times.

Folks have to explain some things to me on occasion to help me make sense of trends and decisions.

This decision by the Republican-controlled U.S. House of Representatives falls into that head-scratching category.

http://www.kxly.com/news/politics/house-republicans-vote-for-business-tax-cut/26906060

The House has approved a $287 billion business tax cut. It hasn’t included any spending offsets to pay for it. Speaker John Boehner boasts that the House is working to create jobs. Maybe it will. Then again, maybe those businesses benefiting from the tax cuts will take that money straight to the bottom line. That’s been happening quite a bit lately, you know?

What’s got me puzzled is why the House GOP keeps insisting on spending offsets whenever the Obama administration proposes job creation ideas. Infrastructure spending? Can’t afford it unless we cut spending in other places.

Another thing needs noting. The deficit is coming down in rather dramatic fashion. A tax cut of the size just approved by the House is going to blow up the deficit yet again.

My memory isn’t perfect, but I do remember a time when Republicans belonged to the party of “fiscal responsibility.” They loathed deficits, while Democrats blew them off. Ronald Reagan was elected president in 1980 partly because President Carter and Congress ran deficits of a whopping $40 billion annually; there was some other stuff also that contributed to Carter’s defeat.

Memory also reminds me of how quick congressional Republicans were to share in the credit for the balanced budget and the surpluses run up during the final years of Bill Clinton’s presidency. They made sure we all knew that their spending restraints were more responsible for the surplus than the modest tax increases proposed by the president — and, oh yes, approved by Congress.

The new age of Republicanism, though, sees the party in control of one half of one branch of government talking out of both sides of its mouth.

Spending offsets only count when the other guys want to do something. Tax cuts for business? Who cares?

In the meantime, President Obama is asking for $3.7 billion in emergency spending to help deal with that crisis along our southern border. The GOP response? It costs too much money.

Go figure.