McClintock Hypocrisy on Fiscal Conservatism Approaches Second Decade in WashingtoN

Over long career in office, Congressman shows selective concern for budget deficits

 

FOR IMMEDIATE RELEASE
Friday, June 29th, 2018
 
CONTACT:
Makaiah Mohler, (530) 913-3242, makaiah@morse4congress.com
Anthony Kusich, (916) 288-2228, anthony@deweysquare.com

ROSEVILLE, Calif. – While career politician Congressman Tom McClintock has long described himself as a deficit hawk, telling constituents time and time again that previous budgets "put us on course for a trillion-dollar deficit next year and set the stage for a sovereign debt crisis" and "squander [Congress's] most important tools to bring spending under control before we bankrupt our country," his votes tell a very different story.
 
McClintock's support of a deficit-busting tax bill that he described as "double taxation" and which would increase taxes for thousands of 4th district homeowners, as well as a budget last week that hit seniors, veterans, and working families right in their pocketbooks, proves that his budget-conscious persona is all talk, no action. 
 
Consider these brand-new economic stats from the nonpartisan Congressional Budget Office (CBO) that reflect the dangerous economic path our country may be on due to the 2017 tax bill that McClintock enthusiastically supported:

· The tax cut will increase the deficit by more than $2.3 trillion over the course of the next decade

· The federal debt will soon peak at more than 152% of the nation's gross domestic product, which currently stands at $15 trillion, or 78% of the size of U.S. economy

· If made permanent, the tax bill will push the debt to twice the size of the American economy, and over the next three decades deficits would exceed 13% of GDP


"Congressman McClintock has made millions in office on the public dime, casting vote after vote to harm middle-class families," said congressional candidate Jessica Morse. "This latest report from the CBO only confirms the Washington hypocrisy that so many in this community are fed up with. Budget deficits aren't are a problem for McClintock if they help his special-interest donors – while the vast majority of Californians' taxes, health insurance, and housing costs go up."