Bush’s new $2.57 trillion budget is out. Let’s review:
- more nuclear energy, less environmental cleanup
- Reduced care and higher fees for veterans needing medical attention.
- Amtrak subsidies? School anti-drug programs? Vocational education? Community police grants? Student loans? Medicaid? Screwed, Screwed, Screwed, Screwed, Screwed, Screwed.
Cost of the current war, and the likely future one with Iran? Not in the budget. Let me repeat that. $2.57 trillion budget does not include the war machine.
What isn’t on the table? Tax cuts for the rich.They need those more than veterans need healthcare and high school students need vocational training. Those we keep. Congressional Budget Office data suggest that tax cuts enacted since 2001 account for almost half of the deficit increases in recent years. So what is the Bush administration’s response to concerns about the deficit-fueling tax cuts? This budget proposes to make them permanent, at a cost of $1.9 trillion to the federal treasury over the next decade.
The Economist has a nice rundown of what’s being ignored.