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The Ghosts of Reconciliation Past

Menzie Chinn:

The first bar is the impact on the unified budget balance of the Economic Growth and Tax Relief Reconciliation Act (EGTRRA) of 2001. The second is the impact on the budget balance of the Jobs and Growth Tax Relief Reconciliation Act (JGTRRA) of 2003. The third bar is the CBO estimated impact on the deficit of the Patient Protection and Affordable Care Act proposed in the Senate on November 19, for 2010–2019.

Those are “the Bush tax cuts.” Of course when GOP Congressional majorities used reconciliation liberally, you heard some Democratic whining about it. Process hypocrisy is endemic in Congress. What you didn’t hear was mainstream media coverage taking the whining as its key framing element for the story. The 2003 tax cut package, in particular, passed the Senate by an extremely narrow majority without a ton of cable news handwringing about “controversial procedural tactics” or any of the rest. It was a controversial underlying bill, but the administration had a majority in favor so they went forward with it.

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