This is the Cato Daily podcast for Thursday, March 6, 2025.

I'm Caleb Brown.

The budget gimmicks of the past from Democrats are the budget gimmicks of today for Republicans.

Cato's Romita Baccia sat down with me to talk about why the troubling and misleading House budget proposal will only get worse in the Senate.

Mina, I'm a little older than you, and I can remember, and you probably remember through reading very old books and magazines and articles about this, Republicans absolutely

lambasting Democrats for using future projected spending and cuts from that future projected

spending as real or substantive or meaningful?

Yeah, I think it really goes both ways.

It sort of depends on who's in charge.

Unfortunately, spending more than we take in and putting the bill, sending the bill to the next generation

is very much a bipartisan problem. And it really is just, you, Republicans become fiscal hawks

when there's a Democrat in the White House, and then they actually end up, in many cases,

spending more than the Democrats did,

or at least increasing debt more.

Because what you see with Democratic administrations is while they also overspend,

they often also like to raise taxes, especially on wealthier income taxpayers.

With Republicans, you get the overspending and they

don't like tax increases and often they will spend more in cut taxes. And this is the scenario

that we're looking at right now with this budget resolution debate in Congress.

For people who want to visit this the most recent, well, maybe not even the most recent,

but a recent example of this, I'll commend you the book by Stephen Slavinsky from 2006 called

Buck Wild, how Republicans broke the bank and became the party of big government.

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