All to fund his misguided war….
Bush Seeks Budget of $3.1 Trillion (Via NYT)
President Bush submitted a federal budget of $3.1 trillion on Monday, declaring that the spending plan would keep the United States safe and prosperous and, despite its record size, would adhere to his principle of letting Americans keep as much of their own money as possible.
Of course……:
Mr. Bush said he would cut or terminate 151 programs, saving $18 billion in 2009. One agency, the Education Department, accounts for 47 of the terminated programs and three of the programs to be cut. But he would increase spending in areas that fall under the umbrella of “national security.”
[…]
Mr. Bush said his budget would slow “the unsustainable growth of entitlement spending” with proposed savings of $208 billion over five years. This includes savings of $178 billion in Medicare, $17 billion in Medicaid and $6 billion in student aid programs. The president proposes to raise $2 billion from new enrollment fees and higher pharmacy co-payments for certain veterans receiving health care from the Department of Veterans Affairs.
Unless I totally misread what was wrote, Bush wants slash benefits to the elderly, (read, the POOR elderly!) those who need the most help. Problem with that is, Mr. President, not everyone has those investments, that you rich folk have available to them, and Social Security and Medicaid and Medicare is all they have.
But, from what I have read, Congress will never pass his version of the Budget. So, I doubt he’ll get his way, Thankfully.
This is what happens when you elect a rich C.E.O. for a President.
We need change. Badly.
Others: Think Progress, NewsBusters.org, Captain’s Quarters, The Politico, The Crypt’s Blogs, My Two Sense , The Aristocrats and more via Memeoarandum