President Bush has threatened to veto the bill renewing and expanding the SCHIP program which provides health insurance to millions of American children who wouldn’t have it otherwise. The bill which was just recently passed expands coverage to 10 million kids, a mere 4 million more than previously, but Bush claims it contains “excessive spending” so he plans to veto it. This from the man who just asked for an additional $190 billion for his little war in Iraq on top of the $450 billion we’ve already spent.
Let’s put these two costs into perspective here:
Image credit: AFL-CIO Weblog
Just over a month’s worth of the money we’re spending in Iraq would fund all 10 million kids under the new SCHIP program. In comparison that’s one hell of a bargain, but that would mean helping out Americans who can’t help themselves and it does nothing to put that money into the pockets of Big Insurance Companies or the Military-Industrial Conglomerates which are such big contributers to the Republican campaign coffers.
Michael Brush writes, “CEOs at top defense contractors have reaped annual pay gains of 200% to 688% in the years since the Sept. 11, 2001, terror attacks.” Additionally, “The CEOs made an average of $12.4 million a year, easily more than the average corporate chief. Since the start of the war, CEOs at defense contractors such General Dynamics, Halliburton and Oshkosh Truck have made, on average, more in four days than what a top general makes in a whole year, or $187,390.”
President Bush’s stance seems quite clear: Fuck the kids. If they want to be healthy they should be born to rich Republican parents.