Posted at 11:22 AM ET, 03/15/2011
 The GOP’s penny-wise, pound-foolish spending cuts
 By Ezra Klein
 
 U.S. House Speaker John Boehner (Jonathan Ernst - GETTY IMAGES) Let’s  say that for every dollar you gave me, I gave you a crisp $10 bill in  return. Good deal, right? Almost too good. But before you start to ask  questions, I’ll remind you that this is my thought experiment. Perhaps I  just love dollar bills. Or perhaps I just love you. At any rate, there  are no strings attached, and you can take advantage of it more than  once.
 
 Now let’s say that you’re in debt and you need to get your finances in  order. Do you start handing me more dollar bills? Or fewer?
 
 If you’ve got any sense, you’ll give me more. Converting dollar bills  into $10 bills is an excellent way to pay off your credit card. Except,  it seems, if you’re a House Republican.