CBO Director Doug Elmendorf testified before the Senate Budget Committee today and dropped something of a bombshell. Extending the Bush tax cuts, he said, will “probably reduce income relative to what would otherwise occur in 2020.” The reason is simple: Debt.

Cutting taxes does not stimulate the economy, in theory and in fact.

“The less you extend the tax cuts, the less damage you do to the economy.” Please read this everyday until the elections. The GOP must be stopped.