How do Republicans view fiscal policy? How do republicans traditionally view the issue of budget deficits?

Answer 1

Republicans tend to prefer to cut taxes and raise spending. This is true under every Republican controlled period since at least Ronald Reagan. Democrats prefer a balanced budget and under Clinton paid down the debt significantly. Since coming to power, GW has doubled the nominal debt and has taken the present value of future obligations to an amount well in excess of the present value of the future worth of the nation. In other words, to pay for the unfunded liabilities of this administration, even if you sold every private asset to foreigners, you still would not have enough money to pay the obligations this administration has set in motion.

It is important to remember that the nominal national debt, the official one is different from the real debt which includes things like pension obligations and future payments for Medicare. The nominal one is managable. The real one is dangerous.

Answer 2

i'm a republican, so i will answer, and that i'm an accepted balloting republican: proper to go back to a call on No, all it did replaced into create undesirable artwork ethic stop authorities spending..era, a lot less authorities coaching and well being care in a unmarried - stop spending $480 billion a three hundred and sixty 5 days in overseas aide and also you may take care of to pay for for both, and if not then stop funding the global nutrients monetary agency at $352 Billion a three hundred and sixty 5 days Iraq - stay till the interest is performed or till we are requested to depart through the elected authorities there same sex marriage - knock your self out, it would not afect me social protection - i'd like tohave had the alternative to take most of the and make investments, so supply it to me understand! Terrorism -will continually be with us, yet you wrestle it the position you may and with somewhat of tremendous fortune not right here!

Answer 3

Republicans generally like to cut and spend. They like to cut program funding from the budget. They generally create big budget deficits because they do not want to raise taxes. Instead of raising taxes, they will cut funding from other programs to spend money.

Answer 4

Hello...cutting taxes has been PROVEN to cut the national budget deficit and increase tax revenue. It was done under Reagan, and just again recently under President Bush's Tax cuts.