quote:

U.S. Budget to Reach $2.9 Trillion in 2008 The 2008 budget draft that U.S. President George Bush will submit to the Congress amounts to $2.9 trillion and specifies the increase in war spending in Iraq and Afghanistan. Moreover, the budget draft spells out the decline in deficit from year to year to generate the surplus by 2012. In the United States, the budget deficit reached the absolute record of $413 billion in 2004. To reduce and then to eliminate it, Bush suggests cutting down funding 141 government’s programs to save $12 billion in five years. Only the programs of national security and fighting world terrorism won’t suffer reductions. Bush also intends to request the Congress to sanction additional appropriation of $100 billion for military operations in Iraq and for fighting world terrorism in 2007. The White House suggests spending $145 billion for Iraqi campaign and for fighting extremists in 2008. But the amount will go down to $50 billion in 2009. Pentagon budget is expected to reach $481 billion in 2008, AP reported.

U.S. Budget to Reach $2.9 Trillion in 2008

Where can I find a list of those government's programs?

quote:

[i] Bush suggests cutting down funding 141 government’s programs to save $12 billion in five years. Only the programs of national security and fighting world terrorism won’t suffer reductions.

12 BILLION in "cuts" OVER FIVE YEARS!??? That's it???

Pardon my language but HOLLLLLLLYYYYYYY SHIT!!!!

Next year's budget will be 3 TRILLION F*CKING DOLLARS...and the lefties are worried about a lousy 12 billion in cuts over the next 5 years?? Are you kidding me?

We are spending *THREE THOUSAND BILLION DOLLARS* next year...and these "cuts" will only amount to 2.4 billion each year...beyond pathetic.

Last edited by Capitalizt on Feb-05-2007 at 16:21

With all these tax cuts, how does he plan on generating revenue for the country?

I thought that was business 101? Maybe that's why his business ventures didn't do so well.

Cutting social programs is a great way to win swing voters too.

And someone feel free to correct me, but doesn't the Alternative Minimum Tax expire this year and kick back in?

I can see why Bush ran to the Democratic retreat over the weekend. How much more $ can we borrow from China, our Social Security and Medicare fund, and elsewhere to fund our war and other goodies?

I guess on the up-side, at least Bush is no longer hiding the costs of his war anymore from the budget.

___________________
Whence September dusk grows crisper still,
with leaves all crimson conquered,
I yearn to shout,
and dance about,
and stick pickles in my honker...

how can any americans not boil with anger at this outrageous personal obsession that will probably cost, according to the times of london, $750 billion dollars. granted this figure includes the afghanistan adventure and may not include future costs. it's just insane.

this man ought to be flayed alive and dunked in a vat of rubbing alcohol.

quote:

The proposed increase will take the total cost of Mr Bush’s wars since September 11, 2001, to almost $750 billion which — even when prices are adjusted for inflation — exceeds that spent by the US in Vietnam over a much longer period. Before the invasion of Iraq in March 2003, officials promised that war costs would be limited to $100 billion.

http://www.timesonline.co.uk/tol/ne...icle1329335.ece

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Less government is always better

It almost seems to be a 'partisan shot' from someone who knows theyre damned and really doesnt give a damn who they take down with them and the consequences after. Sure, Bush will probably lose the next election but you've got to pity the fools that have to be picking up the pieces of Iraq (which will last at least 5 years of civil unrest), an international reputation akin to being a totalitarian regime hell bent on 'war', nation of paranoid inhabitants looking under ever rock for potential terrorists and then theres the debt...
Debt like that your great grandkids are going to be paying off for some time yet but somehow I've got a really good itch which makes me think the ensuing economics arent something I want anything to do with and quite glad I dont have shares in anything at the moment.

We live in 'interesting times' which isnt much fun and nor exciting as it sounds, hah damn I feel sorry for anyone who's going to be untangling that after he's gone. No matter what they do, it's repurcussions are going to be horrid.

edit- yes it was old news...

Last edited by Lilith on Feb-05-2007 at 20:30

quote:

Originally posted by Sunsnail Less government is always better

The problem isn't more or less government, the problem is that we don't have a responsible government. The election last year was a referendum on wanting a more responsible government, not less or more government. The legislative branch is attempting to be more reponsible, but we still have quite an irreponsible and negligent executive branch that wants more and more power granted to it, but with the Democrats now in power, they know that they can longer have unlimited power. There is a need for fiscal reponsibility, and hopefully we can have some without either cutting funding for vital services..

Less government doesn't work, nor does more government...the best government is one that rules from the middle. We need government, the problem with the Bush/Former Republican government is that they at points were either too large (domestic spying, runaway spending) or too small (Katrina, funding for domestic programs/services). Realistically, libertarianism doesn't work in a country this size.

Well, governments tend to be inefficient to begin with. I'd prefer to pay less for something incompetent than more.

quote:

Originally posted by Sunsnail Well, governments tend to be inefficient to begin with. I'd prefer to pay less for something incompetent than more.

True but paying less isn't neccessarily going to mean a more competent government. Just like boycotting a product doesn't neccessarily mean a change in the company. It's like a few people who don't pay taxes because they don't want to support the government, wont make as big of a difference as many people not doing that. It takes a large number of people to make a difference. But less government, is not what I see as the solution...rather a government that has greater fiscal responsibility and oversight...makes wiser decisions than this current government.

Last edited by Spirit5 on Feb-06-2007 at 02:49

Bullets aren't free people.

We have to pay back the bank for all those WMDs that Saddam was hiding. After all we caught, tried and hanged him for those damned WMDs didn't we?

So we have to pay for war 'cause Virginia there is a war debt to be paid.

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