Minor Thoughts from me to you

What the Tea Party Congress accomplished

What the Tea Party Congress accomplished →

Conn Carroll, writing for the Washington Examiner:

Huelskamp and his Republican colleagues changed all that. The 2011 Budget Control Act cut spending by $1.5 trillion, and the sequester cut it by an additional $1.2 trillion. At the same time, House Republicans were able to preserve nearly all of the expiring Bush tax cuts and cut the debt.

The CBO's Budget and Economic Outlook for fiscal years 2013 through 2023 shows just how much House Republicans have actually accomplished. The federal government is now on track to spend just $46.2 trillion through 2021. That is a $3.6 trillion spending cut. And instead of taxes eating up 21 percent of the U.S. economy in 2021, now the government is set to take in just 18.9 percent. The 2021 national debt is projected to be a bit lower, too, down from the earlier $18.25 trillion in 2011 to just $17.87 trillion today.

Despite all of this supposedly economy-killing "austerity," unemployment has steadily fallen, too. When Republicans took control of the House in 2011, the nation's unemployment rate was 9 percent. Today, it has fallen to 7.7 percent.

This is why I'm not entirely pessimistic about working in politics. Change is slow and hard. But that's a feature of the system, not a bug. If the American populace wants to get engaged and fight battles over the long term, they will be able to have success. The key is not just getting engaged but also staying engaged over a long period of time.

This entry was tagged. Reform Spending Taxes