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Bush looking at freezing domestic spending

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Pale_Rider Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-17-04 04:06 PM
Original message
Bush looking at freezing domestic spending
http://www.cnn.com/2004/ALLPOLITICS/12/17/bush.spending.ap/index.html

WASHINGTON (AP) -- The White House is telling federal agencies to expect lean budgets next year, with congressional aides and lobbyists saying President Bush appears ready to propose freezing or even slightly cutting overall domestic spending.

Targeted would be all annually approved programs except for defense and domestic security.

Excluding those two would leave a part of the budget the administration estimates will total $388 billion for the fiscal year that began October 1. Also excluded are automatically made payments like Social Security and interest on the federal debt.

Bush's stringent approach comes as record federal deficits that hit $413 billion last year hinder his ability to pay for overhauling Social Security and extending his tax cuts. He also has tied the budget shortfalls to the weakening dollar, and pledged to reduce red ink to help prop up the currency.


Looks like Bush needs mo money, mo money and mo money for his wars.
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CO Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-17-04 04:07 PM
Response to Original message
1. CO Liberal Looking at Freezing Bush
Send him to the Alaska Wildlife Refuge.

:-)
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The Night Owl Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-17-04 04:09 PM
Response to Original message
2. The mask comes off...
Edited on Fri Dec-17-04 04:10 PM by The Night Owl
George W. Bush removes the mask and prepares to drown the government in the bathtub. That was the plan all along. Welcome to North Korea.
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Tab Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-17-04 04:10 PM
Response to Original message
3. Duplicate
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