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The View from the Meadow
Observations of the Passing Scene
Political and Social Commentary by Dave Satre

Bush’s Budget Sets New Record High

GW Bush claims to an economic conservative, but he is, by far, the biggest liar in the history of American politics. What he’s really doing is squandering the nation’s financial resources on military issues and cutting back in all the areas really needed by Americans.

It’s all smoke and mirrors with this administration. They’re out on the campaign trail, promising to reduce government spending in order to gain conservative votes in the presidential election, but at the same time, Bush has quietly submitted a $3 trillion budget -- the most expensive in the country’s history.

The Regime claims this budget will result in a smaller deficit than it’s record-breaking $413 billion deficit in 2004, but the budget for the Iraq and Afghanistan wars is estimated at $70 billion for the year. The actual request for the 2009 war budget is almost $200 billion! This is in addition to the Pentagon’s $35 billion budget increase to $515 billion for its basic costs, which don’t include the wars.

Meanwhile, Bush and Company plan to reduce funding for non-military spending, including healthcare. Bush wants to freeze medical research and reduce funds for teaching hospitals. The budget calls for a $2 billion reduction in the Health and Human Services Department’s funding -- this is twice the size of the reductions Bush sought for the HHS in his last budget.

Most federal agencies will have their budgets reduced under Bush’s plan, with the exception of the Veterans Affairs and Homeland Security agencies. A $302 million subsidy for medical education at children’s hospitals would be eliminated. $300 million for public health projects would also be cut. Funding for improvements in healthcare for rural areas would be reduced by 87 percent.

Bush claims his budget will result in a surplus in 2012, but this is just more campaign rhetoric. And the budget does not include the costs of war past 2009. This despite the fact that in his final State of the Union speech Bush announced plans to stay in Iraq for the long term and partner with the country to maintain a military presence and a $592 million embassy in Baghdad, the most expensive in the world.

And the budget does not include Bush’s proposed $150 billion tax rebate, a desperate plan to save the American economy by giving the country’s poor some money to spend. If this plan doesn’t work and the economy enters a recession the budget deficit will be even larger.

There is no real plan to rebuild the nation’s infrastructure in the budget. Or to improve the education system, or provide healthcare improvements and lower costs for medications. At the same time, Bush remains adamant about extending the tax cuts for his buddies, the rich, that he enacted in 2001 and 2003.

Feb. 2008

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