September 25, 2015

CASHING THE PEACE DIVIDEND:

John Boehner's legacy: gigantic cuts to federal spending (Dylan Matthews, September 25, 2015, Vox)

[B]oehner actually did more to reduce the size of the federal government than any other politician in recent memory.

Last year, analysts Richard Kogan and William Chen at the Center on Budget and Policy Priorities estimated that deficits over 2015-'14 would be $5 trillion lower than had been projected before Boehner became speaker. Most of the savings -- $3.2 trillion -- came in the form of spending cuts enacted through the post-debt ceiling crisis Budget Control Act, spending cuts negotiated in early 2011, the Bush tax cuts deal of late 2012, the Murray-Ryan spending deal of 2013, and last year's farm bill.

Boehner had help enacting that $3.2 trillion spending reduction. But without him using the House to force President Obama and Senate Democrats to accept cutbacks, it's doubtful it would have happened.

Him and the Republican president.

Posted by at September 25, 2015 8:19 PM
  

blog comments powered by Disqus
« DRAINEAUX: | Main | THE WAR ON WAGES: »