Right and Left React to the Soaring Budget Deficit

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The political news cycle is fast, and keeping up can be overwhelming. Trying to find differing perspectives worth your time is even harder. That’s why we have scoured the internet for political writing from the right and left that you might not have seen.Has this series exposed you to new ideas? Tell us how. Email us at ourpicks@nytimes.com.For an archive of all the Partisan Writing Roundups, check out Our Picks.From the RightPhoto

President Trump on Monday at the White House. He signed a two-year spending plan last week that largely supersedes the budget his administration proposed Monday.

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Tom Brenner/The New York Times
Brian Riedl in National Review:
“Republican lawmakers have spent years promising deficit reduction, spending restraint, and entitlement reform. Despite winning full control of Congress and the White House, the cuts have not come.”Any talk of fiscal responsibility from Republicans, argues Mr. Riedl, is just “empty rhetoric.” He blames his party’s bipartisan deal to raise spending by $300 billion over the next two years on “precisely the kind of inside-the-Beltway, big-government deal-making” that President Trump was voted in to eliminate. How are we to account for Republicans’ reversing course on the deficit? Part of the reason might have to do with Mr. Trump’s election. The other part, he argues, might have to do with the party’s routine “bluff on spending reform.” Read more »_____Nathanael Blake in The Federalist: “This is a moral problem.”There’s a lot that politicians like to ascribe to the moral failings of their ideological counterparts. For some reason, Mr. Blake points out, adding to the national debt is not one of these things. As he explains, the national debt “steals from other people’s futures in a way that mere personal debt does not.” The real solution to the problem, he says, is a tough one for most Americans to swallow. “The real money,” he writes, “is spent on the military and middle-class welfare programs.” If we’re serious about funding these program, he argues, then we should be willing to drastically cut military spending and raise taxes on the middle class. Read more »

_____From the LeftPhoto

The budget proposal released on Monday would add trillions of dollars to federal deficits.

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Eric Thayer for The New York Times
Jordan Weissmann in Slate: “The White House released its official budget proposal today. I’m not going to waste my time reading it, and neither should you.”Mr. Weissmann suggests that his readers ignore the budget proposed by the Trump administration. After all, he writes, the president already signed a spending bill that raised the government’s budget by $300 billion. This means that the White House’s budget revealed on Monday is “completely irrelevant to any real-world decision making.” Read more »

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_____Matthew Rozsa in Salon: “During the Obama years, deficit was a four-letter word to the Republican Party.”The Republicans used to be deficit averse, Mr. Rozsa reminds his readers. So what gave rise to the party’s seemingly newfound tolerance for ballooning debt? Perhaps, he speculates, the party’s fiscal conservatives have been sidelined by Mr. Trump’s ideology. Read more » Continue reading the main story

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