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CNN/AP: Bush submits $2.9 trillion budget to Congress (Is it DOA?)

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DeepModem Mom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 12:35 PM
Original message
CNN/AP: Bush submits $2.9 trillion budget to Congress (Is it DOA?)
Edited on Mon Feb-05-07 12:35 PM by DeepModem Mom
Bush submits $2.9 trillion budget to Congress
February 5, 2007


President Bush on Monday morning discusses the budget he sent to Congress earlier in the day.

WASHINGTON (AP) -- President Bush sent a $2.9 trillion spending plan to a Democratic-controlled Congress on Monday, proposing a big increase in military spending.

While the budget includes billions more to fight the war in Iraq, the rest of government would be squeezed to meet Bush's goal of eliminating the deficit in five years.

Bush's spending plan would make his first-term tax cuts permanent, at a cost of $1.6 trillion over 10 years.

He is seeking $78 billion in savings in the government's big health care programs -- Medicare and Medicaid -- over the next five years.

Release of the budget in four massive volumes kicks off months of debate in which Democrats, now in control of both the House and Senate for the first time in Bush's presidency, made clear that they have significantly different views on spending and taxes.

"The president's budget is filled with debt and deception, disconnected from reality and continues to move America in the wrong direction," said Senate Budget Committee Chairman Kent Conrad, D-North Dakota.

House Budget Committee Chairman John Spratt, D-South Carolina, said, "I doubt that Democrats will support this budget, and frankly, I will be surprised if Republicans rally around it either."

Sen. Judd Gregg of New Hampshire, the top Republican on the Senate Budget Committee, agreed with the bleak assessment of Bush's prospects of getting Congress to approve his budget as proposed....

http://www.cnn.com/2007/POLITICS/02/05/bush.budget.ap/index.html
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Homer12 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 12:42 PM
Response to Original message
1. President Bushes reaction to it being DOA
Edited on Mon Feb-05-07 12:43 PM by Homer12

"You see I told congress to pass it, cause I am the Passer. I make the budget and then I tell them to pass it; therfore, hehehe, I am the passer!"

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DeepModem Mom Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 12:49 PM
Response to Reply #1
2. "I'm the passer" -- good one! nt
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Red Zelda Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 12:50 PM
Response to Reply #1
3. ROFL!
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yy4me Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 01:01 PM
Response to Reply #1
4. The best thing this guy passes is gas.
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LiberalFighter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-05-07 01:36 PM
Response to Reply #4
5. Are you volunteering to stand downwind from him?
I sure won't!!
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