The article, Nearly 10 Years Ago Today, The U.S. Began Borrowing Billions To Pay For The Bush Tax Cuts, cites an Associated Press story written 10 years ago.  I picked a couple of quotes from that 10 year old article.

The Bush administration said the need to borrow in the third quarter reflects a short-term cash squeeze and doesn’t signal a move from a budget surplus to deficit.

We all know how badly that prediction was off.

… Democratic warnings that a Bush tax cut would slice ddeeply into the budget surplus.

“It’s confirmation that they got us headed into a boxed canyon on the budget”

We all know how good a prediction that was.

Add to this the dire consequences the Republicans predicted when Bill Clinton raised taxes, and the history showing the opposite happening.

With this track record why would anybody give any credibility to any Republican predictions of the consequences of any government fiscal policy?  Sure, even a stopped clock is right twice a day.  That means you only have to pay attention to the Republicans very rarely.  Moreover, you have to know what is truth first before you listen to Republicans.  You cannot judge truth by listening to them alone.