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Which party runs up the debt may surprise you

This happens for a couple reasons. First, Republicans don’t spend less than Democrats; they just spend on different stuff. Second, government revenues suffer when Republicans slash taxes for the rich. Their latest gambit: Repeal IRS funding to catch rich tax cheaters. Third, it’s part of a deliberate, cynical GOP scheme to drive up deficits by cutting taxes for the rich, and then argue we can’t afford the government programs that help the working and middle classes.

You should know by now that Republicans are liars, and you can’t trust anything they say. The truth about deficits and rising debt is in the chart below. Those blue bars reflect crisis spending when the financial crisis and pandemic hit; would it have been better to let the economy collapse? One more thing: If you’re serious about deficits and the debt, then how about cutting back on socialism for the rich?

For more about the backstory of this chart, read stories here and here.

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