CBO: Republicans Have Blown Up the National Debt Again

The Congressional Budget Office published its latest forecast of the national debt yesterday. Before we get to that, though, let’s take a little trip down memory lane:

For the past 40 years, the Republican playbook has been straightforward: they take office, cut taxes on the rich, and run up the national debt. Each time, Democrats have dutifully cleaned up their messes, only to watch them retake power and use the newly cleaned-up budget as yet another excuse to cut taxes on the rich and run up the national debt. Now Donald Trump has done it:

Needless to say, each time this happens Republicans start issuing dire warnings about the evils of a rising national debt as soon as the tax cut has passed. You’d think people would start cottoning to this eventually, but so far the con just keeps working. I wonder how much longer they can pull it off?

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Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

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Truth #5: It's about minority rule.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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