Sunday, August 15, 2004

Bush's 2005 budget

Commentary from Intervention Magazine. Bush's budget is insane. From the article...

“It would be nearly impossible to overstate how irresponsible the President’s budget is…. Given that the President overspent by $375 billion in 2003 and is on track to do so by nearly half a trillion dollars in 2004, a little honesty is the least the American people deserve. Instead, the President failed to include a single penny for ongoing military operations in Afghanistan and Iraq, which is outrageous given that we know we will have at least 100,000 troops in Iraq until 2007.

Furthermore, we now know that the Medicare prescription drug plan is going to cost $134 billion more than the White House originally said, but the budget continues to cover that up. So what the President presented to Congress is not really a budget, but a wish list.”Does that sound like good leadership to you? Look at how incredibly irresponsible Bush’s proposed spending is, and notice the lack of critical thinking it reveals:

“The defense budget, which would reach $401 billion (without accounting for Iraq), includes a 13 percent increase for the National Missile Defense program even though there is no evidence that it will work and it does nothing to protect us from terrorists. The President also wants an extra $20 million for nuclear ‘bunker busters’ even though the military has not asked for them, they are impractical, and could start a new global arms race.”