Same Ol’ Same Ol’
Posted on | February 3, 2007
The Bush Administration’s proposed 2008 federal budget has two priorities: more money for his War On Everything, and continued tax breaks for his wealthy constituents—all while allegedly reducing the deficit:
“Cutting the deficit during a time of war requires us to restrain spending in other areas,” Bush said in his weekly radio address.
Previewing the fiscal year 2008 budget he will unveil on Monday, Bush also said it would show that his goal of erasing the deficit by 2012 could be accomplished while making his tax cuts permanent.
“Congress needs to make this tax relief permanent, so we can keep America’s economy growing. Pro-growth economic policies also play a vital role in our plan to balance the federal budget,” he said….
Bush will propose a 1 percent increase in spending outside defense for fiscal 2008, according to The Washington Post. That would amount to a decrease in programs after accounting for inflation, which is running at about 2.5 percent.
The Post also said the president would seek a 10 percent increase in the regular Pentagon budget to $481 billion.
Why is the Brat-in-Chief still in charge of anything? As with every business or government he has ever run, he’s going to leave an enormous mess for his successors (and ours) to clean up, and make his escape with an even bigger bank account, chortling at us the while.
