(C) Daily Kos
This story was originally published by Daily Kos and is unaltered.
. . . . . . . . . .
GOP Senator ridiculed for his bald-faced lie about tax cuts by Lawrence O’Donnell & Ornstein. [1]
['This Content Is Not Subject To Review Daily Kos Staff Prior To Publication.']
Date: 2025-06-19
Senator Tim Scott’s bald-faced lie about tax cuts shows he believes his constituents and MAGA are stupid. Lawrence O’Donnell and Norm Ornstein called him out and ridiculed him.
GOP Senator ridiculed for his bald-faced lie about tax cuts.
Watch Politics Done Right T.V. here.
x Embedded Content
Podcasts (Video — Audio)
Summary
Republican Senator Tim Scott repeated the long-debunked claim that Donald Trump’s 2017 Tax Cuts and Jobs Act (TCJA) “paid for itself.” Still, MSNBC’s Lawrence O’Donnell and conservative scholar Norm Ornstein promptly dismantled the talking point on air, showing that federal revenues fell below projections while deficits ballooned. Scott’s invocation of the Laffer Curve ignored mountains of empirical data and the Congressional Budget Office’s numbers, revealing the emptiness of supply-side orthodoxy.
Key take-aways
Reality vs. rhetoric: Independent analysts at the Tax Policy Center and CBO estimate the TCJA will add $1 – $2 trillion to the national debt over a decade, contradicting Scott’s boast of rising revenues.
Independent analysts at the Tax Policy Center and CBO estimate the TCJA will add $1 – $2 trillion to the national debt over a decade, contradicting Scott’s boast of rising revenues. Raw dollars mislead: Revenues ticked up in nominal terms in 2018, but once inflation and baseline growth are considered, receipts fell, exactly as previous Reagan- and Bush-era cuts did.
Revenues ticked up in nominal terms in 2018, but once inflation and baseline growth are considered, receipts fell, exactly as previous Reagan- and Bush-era cuts did. Benefits to the wealthy: According to Brookings, the law delivered the most significant gains to the top income brackets, while leaving working-class wages essentially unchanged.
According to Brookings, the law delivered the most significant gains to the top income brackets, while leaving working-class wages essentially unchanged. Deficits and austerity: Because tax revenues lagged, GOP lawmakers now push Social Security and Medicaid cuts, threatening rural hospitals and red-state constituents first.
Because tax revenues lagged, GOP lawmakers now push Social Security and Medicaid cuts, threatening rural hospitals and red-state constituents first. Media accountability: O’Donnell and Ornstein illustrate why journalists must challenge false economic narratives in real-time rather than uncritically platform them.
Progressives see Scott’s performance as proof that the modern GOP sacrifices fiscal honesty to protect donors, even when data show trickle-down policies starve public investment and undercut the very voters Republicans court.
The complete article is here on my Substack.
Viewers are encouraged to subscribe and join the conversation for more insightful commentary and to support progressive messages. Together, we can populate the internet with progressive messages that represent the true aspirations of most Americans.
[END]
---
[1] Url:
https://www.dailykos.com/stories/2025/6/19/2329004/-GOP-Senator-ridiculed-for-his-bald-faced-lie-about-tax-cuts-by-Lawrence-O-Donnell-Ornstein?pm_campaign=front_page&pm_source=latest_community&pm_medium=web
Published and (C) by Daily Kos
Content appears here under this condition or license: Site content may be used for any purpose without permission unless otherwise specified.
via Magical.Fish Gopher News Feeds:
gopher://magical.fish/1/feeds/news/dailykos/
