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Bush economic advisor: He'll STILL "cut the deficit in half by 2009"

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Bush_Eats_Beef Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 08:49 AM
Original message
Bush economic advisor: He'll STILL "cut the deficit in half by 2009"
Massive Katrina recovery plan raises questions
Bush says spending cuts, not tax hikes, should fund $200 billion effort

Updated: 11:19 p.m. ET Sept. 16, 2005

http://www.msnbc.msn.com/id/9371864/

Bush pledged to find some spending cuts. But he offered no specifics, and his chief economic aide, Allan B. Hubbard, dismissed the rebuilding effort's impact on the longer-term effort to reduce the budget deficit. "This in no way will adversely impact his commitment to cut the deficit in half by 2009," he said.

An administration official said the White House and Congress will look for specific spending cuts, starting with about $20 billion in savings identified in the president's 2006 budget. Still more could come from changes to entitlement programs to slow their growth. Those proposals have already been examined by Congress and rejected.

Also, some of those cuts would hit precisely the programs the lawmakers want to expand. Among the programs slated by Bush for cuts were Medicaid, which he now wants to extend to evacuees, and the Army Corps of Engineers, which is faced with the huge burden of repairing levees and dredging waterways wrecked in the storm.

White House aides confirmed that Rove, in his capacity as deputy chief of staff, is helping to lead the Katrina recovery effort. With Rove's name a rallying point for Bush foes, especially after revelations of his role in the unmasking of a CIA operative, Democrats sought to denigrate his involvement. "Mr. Rove may be an expert on leaks, but that doesn't qualify him to oversee flood relief," said Rep. Rahm Emanuel (Ill.), chairman of the Democratic Congressional Campaign Committee.

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acmavm Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 08:51 AM
Response to Original message
1. And, taking into consideration every other damn thing this administration
has said and done, we'll be frigging lucky if it hasn't tripled by then.
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tanyev Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 08:51 AM
Response to Original message
2. They just have to open up one of their cans of
patented GOP Fairy Dust.
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hwmnbn Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 09:05 AM
Response to Reply #2
7. You mean Jeff Gannon's stash of blow?
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tanyev Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 09:38 AM
Response to Reply #7
12. Is that what it's made of?
That would explain a lot.
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Grateful for Hope Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 08:52 AM
Response to Original message
3. Love this quote!
"Mr. Rove may be an expert on leaks, but that doesn't qualify him to oversee flood relief,"

Thank you for the article.
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Bush_Eats_Beef Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 09:06 AM
Response to Reply #3
8. I wanted that in the my subject line, but it wouldn't fit...


:toast:
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moobu2 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 08:53 AM
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4. LOL Rove an expert on leaks
"Mr. Rove may be an expert on leaks, but that doesn't qualify him to oversee flood relief," said Rep. Rahm Emanuel (Ill.)...Zing!
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sendero Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 09:00 AM
Response to Original message
5. EMS to injured victim..
.... "you are losing a quart of blood every minute, but we're going to cut that to a pint in 4 minutes".

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chelsea0011 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 09:04 AM
Response to Original message
6. Oh, he will. They will just figure out a way to not to list Katrina
costs and continue to not list Iraqi costs in the deficit. Simple math.
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NC_Nurse Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 09:08 AM
Response to Original message
9. And then he'll pull
a rabbit out of his ass.
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Vickers Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 09:13 AM
Response to Original message
10. He's going to HALVE the deficit he CREATED?
Woo hoo, nice going, DIPSHIT!
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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 09:18 AM
Response to Original message
11. Pie in the sky rhetoric
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librechik Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 09:42 AM
Response to Original message
13. Goebbels Law: Tell a lie often enough and loud enough..
and soon it will be an accepted truth.

That worked in the 30s and 40s without saturation media. Will it work now with live 24 hr cable news?

So far, no sweat. Nobody even pays attention except screwballs like us.
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gratuitous Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 10:31 AM
Response to Original message
14. We used to institutionalize people this delusional
Bush makes them economic advisers.
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Toots Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-17-05 10:46 AM
Response to Original message
15. I wonder what Hubbard's qualifications are for the job
Most of bush*'s appointees are political and have no real experience. By the way Bush* and Cabal have handled the economy to date I believe this is another example of cronyism and complete lack of real experience. Besides the Bush* Administration has proved beyond any doubt that it is not Credible. Why would any reasoning person listen to them now?
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