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Bush Budget Would Bring Record Deficits »

Posted by: not2needy 1 year, 10 months ago

WASHINGTON - The record $3.1 trillion budget proposed by President Bush on Monday would produce eyepopping federal deficits, despite his attempts to impose politically wrenching curbs on Medicare and eliminate scores of popular domestic programs.

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not2needy

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Comments: 264
  • Avg rating: (+0/-0 0)Aotearoa
    Aotearoa
    Feb. 4, 2008, 8:03 p.m.

    Mite as well spend while he can cos his legacy is already set. The Demos in the Senate better put up a fight because the people come Novermber are going to remember all this when they vote. On that note I guess the repugs will have no chance in being the next commander in chief with the mess king george will leave the country with.

    leve leva e malanga kae tau

    • Avg rating: (+0/-0 0)not2needy
      not2needy
      Feb. 4, 2008, 9:27 p.m.

      FTA:

      The Pentagon would receive a $36 billion, 8 percent boost for the 2009 budget year beginning Oct. 1, even as programs aimed at the poor would be cut back or eliminated. Half of domestic Cabinet departments would see their budgets cut outright.

      Slumping revenues and the cost of an economic rescue package will combine to produce a huge jump in the deficit to $410 billion this year and $407 billion in 2009, the White House says, just shy of the record $413 billion set four years ago.

      Yet again it's the poor who suffer, and rich rake it in.

      • Avg rating: (+0/-0 0)Bkumm
        Bkumm
        Feb. 4, 2008, 9:33 p.m.

        Oops, he did it again.

        • Avg rating: (+0/-0 0)Eagle_Eye
          Eagle_Eye
          Feb. 4, 2008, 9:34 p.m.

          "programs aimed at the poor would be cut back or eliminated"

          That has been going on since Reagan and Bush 1!!!!

          I can't wait till this shiz is over!!!! I wonder if we will ever get out of this hole he has dug us into?

          I wonder if the world will ever respect America again....

          • Avg rating: (+0/-0 0)Amazing1
            Amazing1
            Feb. 4, 2008, 9:34 p.m.

            God forbid we should spend the taxpayer money on the PEOPLE. Instead, Bush is intent on spending it for WARS and OCCUPATIONS far away from the United States. That's really caring about the populace. That's such smart thinking. It will make us ever more hated in the world as his buddies at Halliburton and Blackwater line up for ever more no-bid contracts. This arrogant frat boy needs to be impeached! We need government OF, BY and FOR the PEOPLE. And every politician needs to start thinking about just how angry the populace is becoming.

            It is time for a new tea party!

            • Avg rating: (+0/-0 0)Searchbeam
              Searchbeam
              Feb. 4, 2008, 10:07 p.m.

              How should we describe this trash can?

              Drunken sailor?

              Spoiled rotten kid of filthy rich and arrogant opportunist?

              An as* looking for a hole?

              Blight?

              Incompetent, lazy imbecile?

              A blister on the But* of capitalism?

              Take your pick!

              He is going to do a lot more damage before he leaves town!

              Impeachment Now, Vigilance Forever!

              Peace and Blessings!

              • Avg rating: (+0/-0 0)AntiNeoCon
                AntiNeoCon
                Feb. 4, 2008, 11:27 p.m.

                Come on 2009, lets get this bafoon out of the Presidents Office before he completely ruins our country.

                • Avg rating: (+0/-0 0)ETproductions
                  ETproductions
                  Feb. 4, 2008, 11:29 p.m.

                  And this is news HOW?

                  • Avg rating: (+0/-0 0)Mdiar
                    Mdiar
                    Feb. 4, 2008, 11:30 p.m.

                    Great post N2N. I'll be back to comment later, been rather busy today.

                    • Avg rating: (+0/-0 0)914Bill
                      914Bill
                      Feb. 5, 2008, 5:08 a.m.

                      What is the saying? Nero fiddles while Rome burns.

                      • Avg rating: (+0/-0 0)nostalgia
                        nostalgia
                        Feb. 5, 2008, 8:23 a.m.

                        A budget from any president is a waste of time and effort!

                        It is Congress who controls the purse strings

                        An article in the local paper states that the budget is $3.1 trillion. The cuts are $18 Billion - chump change in DC

                        Do the math - isn't that less than 0.59%???

                        Congress is the one fiddling while Rome burns. Medicare, SS, Medicaid etc are spiraling out of control and Congress is doing NOTHING!

                        As these programs consume more and more of the budget we are nearing a tipping point - the budget will NEVER be balanced let alone pay down the debt

                        And listen to the people running for president - one new program after the other when they are unable to fund the current programs

                        The insanity which goes on in DC by ignoring the serious budget problems is absolutely astonishing!

                        • Avg rating: (+0/-0 0)budoinst
                          budoinst
                          Feb. 5, 2008, 8:32 a.m.

                          It just continues on and on. Our future generations will suffer most of their lives on account of this dolt. The debt is incredible, our real estate worthless, our dollar worthless, a war that seemingly cannot be won, hate and distrust in our own country, etc.

                          What have we done??!! Hopefully his last year will not be a continued free ride.

                          • Avg rating: (+0/-0 0)rushran
                            rushran
                            Feb. 5, 2008, 9:22 a.m.

                            Can we do this to our budget spend spend spend then spend more then we bring in then spend spend spend esp on a oil war that we are in a quagmire over. What a loser.

                            • Avg rating: (+0/-0 0)Endoscopy
                              Endoscopy
                              Feb. 5, 2008, 9:43 a.m.

                              What a bunch of whiners.

                              Entitlements are out of control. Democrats want us to get more out of control like Britain is. They are telling people to self treat arthritis and heart disease to cut costs in health care.

                              It is a fallacy that companies pay taxes. Taxes are treated like any other cost of doing business. At the end of the day there will be left a reasonable profit. The customers pay for all expenses and profit. therefore the customers of the business pay the tax. The most foolish companies to tax is the defense industry or any other business that sells to the government. The government is paying the taxes that those companies give. It is just indirect.

                              The rich are not paying enough taxes.

                              top 10% of people pay 67% of the taxes

                              bottom 50% of people pay 3% of the taxes

                              But don't let facts get in your way of your rants.

                              • Avg rating: (+0/-0 0)Harbeas
                                Harbeas
                                Feb. 5, 2008, 10:07 a.m.

                                Let's see if congress has the gonads to say no to this. If Bush vetoes their refusal, can they say override!

                                • Avg rating: (+0/-0 0)nikkibabe
                                  nikkibabe
                                  Feb. 5, 2008, 10:55 a.m.

                                  This is what happens when uneducated neo conservatives who are opposed to gays and abortion put a total idiot in charge of the economy.

                                  Anti Gay Anti abortion = total economic collapse.

                                  . inherit surplus, leave in debts

                                  . give tax relief to warren buffet, bill gates & then cut medicare & medicaid, children's health programs and hospitals.

                                  . invade and occupy another country and run up $ trillion in loans from China to pay for it.

                                  • Avg rating: (+0/-0 0)914Bill
                                    914Bill
                                    Feb. 5, 2008, 11:01 a.m.

                                    nostalgia-my comment was a referral to the government as a whole not just one specific person.

                                    • Avg rating: (+0/-0 0)saneman
                                      saneman
                                      Feb. 5, 2008, 11:23 a.m.

                                      Apparently, he's using that fuzzy math that Reagan was famous for using.

                                      • Avg rating: (+0/-0 0)dunkirk
                                        dunkirk
                                        Feb. 5, 2008, 11:47 a.m.

                                        "Today's budget bears all the hallmarks of the Bush legacy รข;; it leads to more deficits, more debt, more tax cuts, more cutbacks in critical services,"

                                        What more needs to be said about the Republicans and their control.

                                        • Avg rating: (+0/-0 0)Searchbeam
                                          Searchbeam
                                          Feb. 5, 2008, 11:51 a.m.

                                          Let us play a game!

                                          Let us choose an appropriate name for Dumbya!

                                          Then we will see which one fits the best!

                                          Let's go! Post your name!

                                          Here is my choice:

                                          Incompetent.

                                          • Avg rating: (+0/-0 0)MisterX
                                            MisterX
                                            Feb. 5, 2008, 12:17 p.m.

                                            Everything will be all better once the US is merged with Mexico and Canada. Right?

                                            • Avg rating: (+0/-0 0)NoWayMan
                                              NoWayMan
                                              Feb. 5, 2008, 12:17 p.m.

                                              much of the money for Iraq is off-the-books spending, like paying for war with a credit card.

                                              so add that in (along with all the interest) to the deficit.

                                              • Avg rating: (+0/-0 0)Tcaros
                                                Tcaros
                                                Feb. 5, 2008, 12:30 p.m.

                                                What do you expect from the fart bag? He's run every bussiness into the ground.

                                                By the way where's Bin Laden?

                                                Didn't he promise to track down the terrorists who killed our innocent people?

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