By Peter Beinart
The Daily Beast -- July26, 2010:
During the Bush years, Republicans mostly insisted, in Dick Cheney’s famous words, that “deficits don’t matter.” Now they say deficits are virtually all that matters. Their rhetoric has shifted radically, but their policy prescriptions haven’t changed one bit. You might think that people terrified of deficits would be concerned about permanently extending tax cuts that will add at least $2 trillion to the national debt over the next decade. Nope. The Republicans were for cutting taxes when they didn’t care about deficits and they are for cutting taxes when they do care about deficits, which is another way of saying that they don’t really care about deficits. They simply care about maintaining the tax cuts for America's wealthiest families.