Monday, February 06, 2006

bush's budget screwing the majority, again

Bush's $2.77T Budget Boosts Defense
WASHINGTON - President Bush sent Congress a $2.77 trillion budget plan on Monday that would boost spending in the war against terror but squeeze a wide swath of other government programs to deal with exploding budget deficits.

Bush, hoping to get his domestic agenda back on track after a year of political setbacks, unveiled a budget blueprint with a heavy emphasis on keeping the country strong militarily. It would also make his first-term tax cuts permanent, at a cost of $1.4 trillion over 10 years, and still achieve his goal of cutting the deficit in half by 2009.
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But among the losers were 141 government programs that Bush sought to sharply reduce or eliminate entirely. Almost one-third of the targeted programs are in education including ones that provide money to support the arts, vocational education, parent resource centers and drug-free schools.
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Democrats attacked what they said were Bush's skewed priorities. They said he was trying to impose austere budgets that will harm programs for the poor while protecting tax cuts Democrats said were going primarily to the wealthy.

They also charged that Bush was understating future budget deficits by leaving out major items such as the true costs of the Iraq war and a long-term fix to keep the alternative minimum tax from hitting more middle class taxpayers.

"It explodes deficits, but then conceals them by providing only five years of numbers and leaving out large costs," said Sen. Kent Conrad of North Dakota, the top Democrat on the Senate Budget Committee. "The result will be more debt passed on to our children."

Senate Minority Leader Harry Reid, D-Nev., said that the budget was "filled with pages of giveaways to special interests and cuts to those who can least afford it."


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Business as usual for bush! Help the wealthy, screw the rest of us!