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Bush's Budget for 2005 Seeks to Rein In Domestic Costs [View All]

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RamboLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-03-04 02:20 PM
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Bush's Budget for 2005 Seeks to Rein In Domestic Costs
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Facing a record budget deficit, Bush administration officials say they have drafted an election-year budget that will rein in the growth of domestic spending without alienating politically influential constituencies.

They said the president's proposed budget for the 2005 fiscal year, which begins Oct. 1, would control the rising cost of housing vouchers for the poor, require some veterans to pay more for health care, slow the growth in spending on biomedical research and merge or eliminate some job training and employment programs. The moves are intended to trim the programs without damaging any essential services, the administration said.

Even with the improving economic outlook, administration officials said, the federal budget deficit in the current fiscal year is likely to exceed last year's deficit of $374 billion, the largest on record.

The Congressional Budget Office and the White House budget office have projected a deficit of more than $450 billion this year.

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  -Bush's Budget for 2005 Seeks to Rein In Domestic Costs rmpalmer  Jan-03-04 02:20 PM   #0 
  - I think I just got sick  baggypants   Jan-03-04 02:23 PM   #1 
  - If a dem can't run against THAT  party_line   Jan-03-04 02:24 PM   #2 
  - Research is spending money to make money.  aquart   Jan-03-04 02:25 PM   #3 
  - Is SS on teh block already  nadinbrzezinski   Jan-03-04 02:28 PM   #4 
  - Do the math  The Zanti Regent   Jan-03-04 03:35 PM   #8 
     - Yep, which in busnomomics  nadinbrzezinski   Jan-03-04 04:21 PM   #11 
  - Here it comes: "Starve the Beast"  faygokid   Jan-03-04 02:48 PM   #5 
  - He created the deficit so he could tear down the middle and  schultzee   Jan-03-04 06:47 PM   #14 
  - It's just about politics isn't it?  ozymandius   Jan-03-04 02:57 PM   #6 
  - Notice the politically influential will not be alienated  jamesinca   Jan-03-04 03:33 PM   #7 
  - With all this money he'll be saving from the poor he can give another  neverforget   Jan-03-04 03:38 PM   #9 
  - all this to give money to wealthy people  Skittles   Jan-03-04 03:47 PM   #10 
  - He is intentionally impoverishing the middle class and his huge  schultzee   Jan-03-04 06:26 PM   #12 
  - Yes, please.  teach1st   Jan-03-04 06:30 PM   #13 
  - Quite a domestic agenda  daleo   Jan-03-04 10:24 PM   #15 

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