I bet you think that this is another article about the Tax Capitulation Act, right? Wrong! Republican greed on behalf of the uber-rich goes well beyond the cloistered corridors of Washington, DC. For example, by following Republican doctrine to the letter, an elected official has managed to completely teabugger a Long Island county.
Apparently, lowering taxes doesn’t fix every single problem, including cancer.
Facing a huge budget deficit when he took office in January, Nassau County Executive Edward P. Mangano did not impose a hiring freeze. He did not stop borrowing to subsidize some of the richest school districts in the country. He did not eliminate the Police Department’s beloved mounted unit.
Instead, Mr. Mangano, a Republican who won one of the first upsets of the Tea Party era, did what he had promised: He cut taxes, adding $40 million to the county’s deficit, which has since reached nearly $350 million.
Now, with its bonds suddenly downgraded and a state oversight agency preparing to seize its checkbook and credit cards, Nassau is on the verge of a full-fledged fiscal crisis.
I bet Mr. Mangano screeched a ton about the deficit, even as he plotted his tax-cut fix all. Not to worry, though — he can fix everything by breaking the unions!… [emphasis added]
Inserted from <Daily Kos>
Here we have a perfect example of the effects of Republican financial doctrine: cut taxes for the rich and continue welfare for the rich. Now that I think of it, maybe this article should have been about the Tax Capitulation Act!
Apparently, lowering taxes 
Anxious over serious state deficits, 

A federal judge in Virginia ruled Monday that a key provision of the nation’s sweeping health-care overhaul is unconstitutional, the most significant legal setback so far for President Obama’s signature domestic initiative. 
Ratings agency Moody’s on Monday warned the United States will put its top level credit rating at risk if Congress extends a sweeping package of tax cuts and unemployment spending.

At Foreign Policy’s Middle East Channel, Ali Gharib reports, “