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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-21-04 09:48 AM
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Bush's budget show that to reduce deficits, it assumes cuts in 2006...



http://story.news.yahoo.com/news?tmpl=story&cid=512&ncid=703&e=3&u=/ap...

Democrats to Attack Bush, GOP Credibility

<snip>By writing only a five-year budget, Bush avoided showing worsening deficits later, when the baby boom generation retires and the costs of his plan to make his tax cuts permanent kick in. Congressional Republicans plan to do the same thing.

_Bush's budget masks even larger deficits by omitting future costs of U.S. forces in Iraq, easing the alternative minimum tax before it hits more middle-income families, his planned manned mission to Mars and other expenses.

_Backup documents to Bush's budget show that to reduce deficits, it assumes cuts in 2006 and beyond for child care, veterans, education and other programs reductions Democrats say will never happen. These proposals will be revisited every year, however.

Rep. Charles Stenholm, D-Texas, says fiscally conservative Democrats will offer a plan to balance in a decade. Spratt and other top House Democrats may produce a separate 10-year plan or write one with their conservative colleagues. The budgets will have smaller tax cuts and more spending for schools, veterans and other domestic areas than Bush wants.



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onebigbadwulf Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-21-04 09:49 AM
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1. The same 2006 that will be attacked by the bloated medicare monster bill?
Um yeah....
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