It’s not too late for the Senate to avoid fiscal disaster

Source: Editorial board, Washington Post (Paid Registration)

Republicans want to pass the biggest rewrite of the federal tax code since 1986. They could do so the right way, taking care to simplify the code without harming the country’s already stretched finances. Or they could hypocritically balloon the debt to pay for tax cuts, nullifying the benefits of the rewrite by plunging the country into dangerous fiscal territory.

A plan before the Senate, possibly to be voted on this week, would do tax reform the wrong way. Any Republican who ever breathed a word of concern about the debt when Democrats were in charge has no excuse to support this plan. They should reject the budget outline.

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