The biggest political myth currently making its way in the media (besides the whole "liberal media" nonsense) is that somehow Republicans care about deficits and that allowing the Bush tax cuts for the top 1-2% to expire somehow reduces them. Obviously, they don't - on both counts. The Bush tax cuts of 2001 are the single greatest contributor to the deficit. The graph below shows that the Republican tax plan actually costs $36 billion more than the Democrats' plan. That's billion with a B.