Bush Budget Bleak
Monday, February 4th, 2008
President Bush on Monday released a $3.1 trillion budget plan for fiscal 2009 that, if approved, would raise military spending to inflation-adjusted levels not seen since World War II.
The blueprint — President Bush’s last and most expensive to date — would also extend the tax cuts enacted in his first term. Increases for the military budget and big tax cuts have been hallmarks of Bush’s presidency.
The plan includes $11.4 billion to run the State Department. Secretary of State Condoleezza Rice wants to hire close to 1,100 more people, a big jump for an agency with about 8,000 Foreign Service Officers.
The budget would nearly freeze the total amount of discretionary spending on domestic programs and significantly cut the growth of Medicare.
This is unconscionable. This country is $9 trillion in debt and he goes and proposes the largest budget in American history and of course it isn’t close to being balanced. I see no reason why we need to increase military and defense spending by such an ungodly amount and produce a spending budget in excess of $3 trillion dollars. We need to close some of our bases around the world and bring those soldiers back to this country. We need to keep the cuts in discretionary spending, including the Medicare cuts in this budget as well as every other entitlement socialist program. We need to eliminate earmarks 100% and we need to start paying off this debt now!
And Bush will speak at CPAC this week? I thought that was a conservative conference.
Slumping revenues and the cost of an economic rescue package will combine to produce a huge jump in the deficit to $410 billion this year and $407 billion in 2009, the White House says, just shy of the record $413 billion set four years ago.