Senators on the Budget Committee squabbled Tuesday over the root causes of the U.S. deficit as White House and congressional negotiators conduct last-minute last minute talks to avoid a precedent-breaking default on U.S. debt. While senators in both parties wrung their hands over the shortfall, Democrats focused almost exclusively on revenue shortages engendered by Republican tax cuts while GOP senators targeted excessive spending in domestic programs. “Together the Bush and Trump tax cuts have added $10 trillion to the debt, and they account for 57 percent of the increase in debt-to-GDP ratio since 2001. But for those tax cuts, our debt would actually be declining as a share of the
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