Tags: john cornyn | deficit | debt | budget

Sen. John Cornyn: Republicans Still Concerned About Deficit, Debt

Sen. John Cornyn: Republicans Still Concerned About Deficit, Debt
(Aaron P. Bernstein/Getty Images)

By    |   Tuesday, 13 February 2018 10:34 AM

Republicans are concerned about the deficit and the national debt, and will have time later to address them, Sen. John Cornyn, R-Texas, told the Washington Examiner. 

"I'm hopeful we can come up with a bipartisan approach to dealing with the deficits and debt. It's irresponsible not to do so, but I don't think that was the time to do it," Cornyn told the newspaper, regarding the budget deal that will increase federal spending by nearly $300 billion over the next two years.

Cornyn and others have said that it was vital to remove spending caps that have limited military spending, and agreeing to Democrat increases in domestic spending was the only way to get there.

However, other Republicans slammed the tax cuts and spending increases.

"I think if you're for tax cuts and for increased spending, that's hypocritical," Sen. Rand Paul, R-Ky., said Sunday. 

The $20 trillion federal debt is projected to be $30 trillion in a decade, despite the economic optimism in the budget Monday of three percent growth, Bloomberg reported Tuesday.

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Republicans are concerned about the deficit and the national debt, and will have time later to address them, Sen. John Cornyn, R-Texas, told the Washington Examiner.
john cornyn, deficit, debt, budget
174
2018-34-13
Tuesday, 13 February 2018 10:34 AM
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