5 March 2006 - 1:13pm
Spent in your name, owed by your children (and grandchildren ... and great grandchildren ... and their children....)
This is what you call "fiscal responsibility" in Republicanland:
Deficits under the President’s budget would total 2.1 trillion over the 10 years from 2007 through 2016 – 1.4 trillion higher than under current law, as projected by the CBO’s baseline.
Under current tax and spending laws, deficits would be followed by small surpluses beginning in 2012, CBO projects; under the President’s policies, by contract, deficits would continue throughout the 2007-2016 period. Over those 10 years, the President’s proposals would reduce revenues by more than 1.7 trillion from baseline levels, CBO and JCT (Joint Committee on Taxation) estimate, mainly by extending tax provisions that are scheduled to expire by 2011.
From the Congressional Budget Office (.pdf)
In other words, this is the kind of burden Bush's budget will be doing to us for years after he's left office and gone back to playing pretend-cowboy taking a chainsaw to scrubby oak.
Gotta love how the Republicans love credit -- especially when it's the rest of us who have to pay it all back.
More on this from Sterling Newberry at The Blogging of the President.
media girl also blogs at other places.
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Comments
Veterans who have bled stood the line.Are under Attack by the Republican 2007 budget.World War Two veterans will be forced out of the VA an put on medicare D.Other veterans will be cut out of their health care by policy changes.The Veteran Anger is growing.A march has been called by grassroots veterans.Washington is about to be marched on for the first time since 1930. You can read about at veterans march 2006
...that people who blather on and on about "supporting our troops" refuse to take care of our veterans ... or for that matter our troops on active duty. I would like to hear more about this planned march. Is there a website with info?
...the republicans in control of this country would boot any vets out of the VA but the idea of booting out those of my dad's generation i find especially offensive. it's outrageous! thanks for letting us know about this, Dale, i had no idea. i'll try and support you and your march in any ways that i can.