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AP---Bush's $3 Trillion Budget Dominated By Iraq

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PhilipShore Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-04-07 09:56 AM
Original message
AP---Bush's $3 Trillion Budget Dominated By Iraq
February 4, 2007

http://www.nbc6.net/money/10926831/detail.html

WHITE HOUSE -- The Pentagon is the big winner in President Bush's proposed budget for next year, while domestic items such as aid to schools and grants to local governments will get only the slightest of increases.

Bush's spending plan totals almost $3 trillion for the budget year starting Oct. 1. It would produce a surplus in five years, helped by steady revenue growth and a squeeze on the one-sixth of the budget that covers domestic agencies such as the departments of Education, Energy and Health and Human Services.

Domestic agencies would not face an outright cut, as proposed last year, but would see increases averaging 1 percent, White House Budget director Rob Portman said. That is less than anticipated inflation, but higher costs for veterans' health care probably would result in a larger than average increase.


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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-04-07 09:58 AM
Response to Original message
1. When did this country become a military junta?
:argh:
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-04-07 09:58 AM
Response to Reply #1
2. Jan 21, 2001 or thereabouts
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-04-07 10:00 AM
Response to Original message
3. "...would produce a surplus in five years..."
lol, that's a good one. :rofl:

yeah, in FAIRYLAND. :eyes:

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Miss Chybil Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-04-07 10:54 AM
Response to Reply #3
5. Yes, especially considering the money for the war is not included in the budget. nt
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TomClash Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-04-07 10:33 AM
Response to Original message
4. The proposed Pentagon budget is about $635b
Amazing.
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Zorra Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-04-07 11:39 AM
Response to Original message
6. Chimpolini started with a large surplus and few days later spent us into
the deep red abyss.

He absolutely cannot be trusted with our money - he only wants to make his family and fellow fascist war profiteers wealthier so that he can crush We the People into being their permanent indentured servants.

Fuck him.

DOWN WITH BUSH



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daleo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-04-07 10:57 PM
Response to Original message
7. A surplus in five years
If an intelligent Democrat replaces Bush.
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GoddessOfGuinness Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-04-07 11:41 PM
Response to Original message
8. Can you imagine if he pumped 3 trillion into US inner cities?
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nealmhughes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 12:41 AM
Response to Original message
9. 3 Trillion is 3 Million Million. 12 zeros. The US population is about 300 Million,
3 with 8 zeros, divide 3 with 12 zeros by 3 with 8 zeros and one has: 1 with 4 zeros: 10,000$ for everyone in the country.

What do we get for that?
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Posteritatis Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 01:41 PM
Response to Reply #9
24. Hosed. (n/t)
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sakabatou Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 12:51 AM
Response to Original message
10. Our debt will no longer be counted in bllions, but in trillions
Edited on Mon Feb-05-07 12:51 AM by sakabatou
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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 02:57 AM
Response to Original message
11. Pentagon is big winner in Bush's 2008 budget
http://www.elpasotimes.com/election/ci_5157697

WASHINGTON -- The Pentagon is the big winner in President Bush's proposed budget for next year, while domestic items such as aid to schools and grants to local governments will get only the slightest of increases.

Medicare and Medicaid, the health program for the poor and disabled, would shoulder modest but politically difficult cost curbs in the budget the White House is submitting to Congress on Monday.

Some $18 billion in budget savings would come from farm programs over five years.

Bush's spending plan totals almost $3 trillion for the budget year starting Oct. 1. It would produce a surplus in five years, helped by steady revenue growth and a squeeze on the one-sixth of the budget that covers domestic agencies such as the departments of Education, Energy and Health and Human Services.

<snip>

The Pentagon, which also consumes one-sixth of the overall budget, would get a whopping 11 percent increase, to $481.4 billion in its core budget. And that is before accounting for an additional $235 billion in war costs over the next year and a half.

...more...
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sakabatou Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 02:57 AM
Response to Reply #11
12. Gee, who would've guessed?
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Olney Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 02:57 AM
Response to Reply #11
13. Insane.
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 02:57 AM
Response to Reply #11
14. How many children will go hungry in 2008 as a result of redistributing
...the resources of the world to accommodate this military budget?
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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 02:57 AM
Response to Reply #14
15. reminds me of what Eisenhower said
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yardwork Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 02:57 AM
Response to Reply #11
16. Assholes.
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demnan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 02:57 AM
Response to Reply #11
17. This is an extremely important thread
"Follow the money" is probably the best chance we have of impeaching these bastards.
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WHEN CRABS ROAR Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 02:57 AM
Response to Reply #11
18. And in Oregon because of Federal funding loss.
My county ( Curry ) will be technically bankrupt. The state of Oregon will have to step in to provide local services. The sheriff will have to lay off seven deputies and we will no longer have 24 hour coverage. " It's literally about survial. " said Senator Ron Wyden.
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Pastiche423 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 02:57 AM
Response to Reply #18
20. Same thing for Coos County
And our sheriff is pissed!
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ohio2007 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 02:57 AM
Response to Reply #11
19. of course, all their stuff is broken,smashed or beyond repair
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PhilipShore Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 03:32 AM
Response to Original message
21. Bush's $3 Trillion Budget Dominated By Cheney's Halliburton and Iraq
Raw Story
October 11, 2005

http://rawstory.com/news/2005/Cheneys_stock_options_rose_3281_last_1011.html

Cheney's Halliburton stock options rose 3,281% last year, senator finds

An analysis released by a Democratic senator found that Vice President Dick Cheney's Halliburton stock options have risen 3,281 percent in the last year, RAW STORY can reveal.

Sen. Frank Lautenberg (D-NJ) asserts that Cheney's options -- worth $241,498 a year ago -- are now valued at more than $8 million. The former CEO of the oil and gas services juggernaut, Cheney has pledged to give proceeds to charity.

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HuffleClaw Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 11:39 AM
Response to Original message
22. 'increases averaging 1 percent' ???
that is some offensive. and what will the dems do with this?
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classysassy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 11:47 AM
Response to Original message
23. The dems
are in charge,come on Nancy impeach that loon,before world war three is upon us.
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Rainscents Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 01:51 PM
Response to Original message
25. Bush is INSANE!!!
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