Man, it’s a good thing we don’t have a tax-and-spend Democrat in the White House. Who knows what kind of an outrageous budget proposal they’d submit to Congress? Certainly nothing as restrained as what President Bush has submitted:
WASHINGTON – President Bush sent the nation’s first-ever $3 trillion budget proposal to Congress on Monday, contending that the spending blueprint will fulfill his chief responsibility to keep America safe.
The $3.1 trillion proposed budget projects sizable increases in national security but forces the rest of government to pinch pennies. It seeks $196 billion in savings over five years in the government’s giant health care programs – Medicare and Medicaid.
But even with those restraints, the budget projects the deficits will soar to near-record levels of $410 billion this year and $407 billion in 2009, driven higher in part by efforts to revive the sagging economy with a $145 billion stimulus package.
So let’s get this straight: He wants to cut funding to Medicare and Medicaid, programs that help the most vulnerable in our society, and yet that won’t stop the deficits from soaring to new highs that will impact our children’s children in the long run. This so he can protect the tax cuts he put in place that benefit the wealthiest folks least in need of a helping hand and then he has the audacity to call it a “a good, solid budget.”
Democrats called Bush’s final spending plan a continuation of this administration’s failed policies which wiped out a projected 10-year surplus of $5.6 trillion and replaced it with a record buildup in debt.
“Today’s budget bears all the hallmarks of the Bush legacy – it leads to more deficits, more debt, more tax cuts, more cutbacks in critical services,” said House Budget Committee Chairman John Spratt, D-S.C.
“This budget is fiscally irresponsible and highly deceptive, hiding the costs of the war in Iraq while increasing the skyrocketing debt,’ said Senate Majority Leader Harry Reid, D-Nev.
“The president proposes more of the same failed policies he has embraced throughout his time in office – more deficit-financed war spending, more deficit-financed tax cuts tilted to benefit the wealthiest and more borrowing from foreign nations like China and Japan,” said Senate Budget Committee Chairman Kent Conrad, D-N.D.
Yeah, well, no surprise there. Once an idiot always an idiot.
President Bush went on to reveal just how truly delusional he really is:
Bush defended his record, saying it supported a strong defense and, if his policies are followed, will produce a budget surplus of $48 billion in 2012.
“Two key principles guided the development of my budget – keeping America safe and ensuring our continued prosperity,” Bush said in his budget message to Congress.
Reviewing the budget with his Cabinet, Bush said it would keep the economy growing and protect the U.S. militarily. He called it “innovative” because it was dispatched to Congress electronically.
The only way that Bush’s policies will produce a budget surplus of $48 billion is if the next President finds some way of undoing the damage Bush’s time if office has caused to our economy. In which case it won’t actually be Bush’s policies that produce the surplus.
And if he thinks he’s ensuring our continued prosperity then, please, stop trying to ensure our continued prosperity cause it looks a lot like a recession to those of us in the reality-based community.