Republicans can no longer claim to have any concern whatsoever about federal budget deficits. Since 1980, every Republican president- Ronald Reagan, George H.W. Bush, George W. Bush, and now “The” Donald Trump- have increased the federal budget deficits that they inherited from their Democratic predecessor. The two Democratic presidents during that time period- Clinton and Obama- reduced the budget deficits both over the short-term and the long-term and left office with lower federal budget deficits than when they came into office. Calling a Republican a fiscal conservative is about the same as calling an elephant a petite mammal. If you do it, you’re either ignorant or a liar. Either way, Republicans are the party of fiscal recklessness and it has been this way now for over 40 years. The evidence is overwhelming and indisputable.
CBO comes in lower than the White House — still, both numbers are really, really big