>>18537450
We would have been more than happy to cut more spending but you guys would have had a giant fucking tantrum.
Meanwhile, tax cuts have economic benefits. They create more economic investment. These increased economic investments are vital at a time when the economy shows signs that it will slow without them.
Stagflation is an ugly thing. We can't avoid the inflation part after decades of poor budget policy so the best we can do is avoid the stagnation part. But that means we need more investment and economic expansion, which tax cuts have been proven to stimulate.