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Tax cuts could be funded with missing billions

Liberals think unemployment extensions should trump tax cuts
Liberals think unemployment extensions should trump tax cuts
Photo by Win McNamee/Getty Images

We all know that the left gets somewhat hysterical when anyone suggests tax cuts, commonly citing that there is no way to pay for cuts of this type. When Republicans suggest government spending cuts, Democrats are typically quick to claim that this is not possible, citing that if we cut spending we will almost certainly be taking food from the mouths of needy youngsters or similar nonsense. This begs the question why is it necessary to “pay” for tax cuts anyway? Doesn't the money belong to American citizens in the first place? Unfortunately, however, the government treats our money as if it belongs to them, and if anything is left over–which they conveniently claim is never the case–they may consider throwing a few dollars our way.

In Steve Benen's piece entitled, “The Magical Cost of Tax Cuts,” he outlines a plan created by conservatives to make up to $310 billion of temporary tax cuts permanent and goes on to the classic liberal drivel about how the awful Republicans want to institute these tax breaks without being willing to “pay the money back.” He continues with more liberal lunacy about how a better course of action would be to extend unemployment benefits instead of offering business owners tax breaks, and how messed up Republican priorities are because they don't see the wisdom in this alternative.

Regardless, the general consensus seems to be that the government has no money to spare. For this reason, it was surprising to see USA Today report that the government was “missing” approximately $619 billion from over 300 federal programs. This information was taken from the website, which was supposedly created to make spending at the federal level more transparent. Obviously, many people across the country find that endeavor laughable. However, someone knows where the money went, as it is highly unlikely that it disintegrated into thin air. Unfortunately, most people are of the opinion that the money will never be “found,” and that's a shame, as it could certainly be used to offset the tax cuts suggested by those horrible, pro-small government Republicans.