Well, we can say that there is at least one good egg in the Senate. Bernie Sanders called out the hypocrisy of the born again deficit hawks who – just nine years ago – were telling us that “deficits don’t matter." Two wars, two huge sets of tax cuts and a spate of record setting debt accumulation later, we are now in a hole that only leaders as outspoken and honest as Sanders can get us out of.
His recently proposed Responsible Estate Tax Act would be a great way to raise much needed revenue in a way that would only affect multi-millionaires and billionaires. The so-called deficit hawks seem to have a problem with it.
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