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Fiscal discipline? Not now, as GOP pushes tax cuts

Republicans relentlessly complained about big budget deficits during Democratic President Barack Obama's two terms, but now a growing number in the GOP are pushing for deep tax cuts even if they add to the government's $20 trillion debt.

Markets

Why debt from GOP tax cuts might impose a painful price

When House Republicans proposed their tax-cut plan last week, critics noted that it came with a towering price: It would swell the nation's debt by $1.5 trillion at a time when the economy is already faring well on its own and a vast generation of retiring baby boomers threatens to strain the Social Security and Medicare programs.

Markets

Why debt from GOP tax cuts might impose a painful price

When House Republicans proposed their tax-cut plan last week, critics noted that it came with a towering price: It would swell the nation's debt by $1.5 trillion at a time when the economy is already faring well on its own and a vast generation of retiring baby boomers threatens to strain the Social Security and Medicare programs.