Last month the Congressional Research Service, the non-partisan congressional study group that scores congressional proposals, issued a report that found “no correlation” between tax cuts for the rich and job creation.
After a swift bout of kicking and screaming from top congressional Republicans, the CRS withdrew the report.
The decision, made in late September against the advice of the agency’s economic team leadership, drew almost no notice at the time. Senator Charles E. Schumer, Democrat of New York, cited the study a week and a half after it was withdrawn in a speech on tax policy at the National Press Club. […]
“This has hues of a banana republic,” Mr. Schumer said. “They didn’t like a report, and instead of rebutting it, they had them take it down.” […]
Senate Republican aides said they protested both the tone of the report and its findings. Aides to Mr. McConnell presented a bill of particulars to the research service that included objections to the use of the term “Bush tax cuts” and the report’s reference to “tax cuts for the rich,” which Republicans contended was politically freighted.
Aw. They didn’t like the tone of the report. Their feelings were hurt by use of the terms “Bush tax cuts” and “tax cuts for the rich,” both of which are accurate descriptors.
According to the report from the New York Times, Republicans also objected to the report on economic grounds saying that the report did not take into account “the time lag of economic policies.” Meaning they believe tax cuts create jobs if you simply give Tax Cut Magic enough time to fully materialize.
Curiously, after ten years of being lorded over by the Bush Tax Cuts, they have not be bequeathed us with a flood of jobs.