Behold, the Magic Kingdom of Dynamic Scoring By Froma Harrop
While most citizens were distracted by the holidays, the enlarged Republican majority in Congress was laying golden pavers for its magical kingdom -- a fabulous place where taxes are cut, military spending is not and budgets balance effortlessly. The coat of arms reads, "Tax Cuts Pay for Themselves."
And to think the rubble has hardly been cleared from the ruins of the most recent magical kingdom, that ruled by George W. Bush. Not only did the Bush tax cuts not pay for themselves but tax revenue as a share of the economy today isn't even close to what it was in 2000.