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2.02.2005
"The principle here is clear: a taxpayer dollar must be spent wisely, or not at all." - George W. Bush - February 2, 2005 "And we should limit the burden of government on this economy by acting as good stewards of taxpayers' dollars" George W. Bush January 20, 2004 SOTU. "The best way to address the deficit and move toward a balanced budget is to encourage economic growth, and to show some spending discipline in Washington, D.C." George W. Bush January 28, 2003 SOTU. " Once we have funded our national security and our homeland security, the final great priority of my budget is economic security for the American people. (Applause.) To achieve these great national objectives -- to win the war, protect the homeland, and revitalize our economy -- our budget will run a deficit that will be small and short-term, so long as Congress restrains spending and acts in a fiscally responsible manner." George W. Bush January 29, 2002 SOTU. Reuters: Overall government spending has increased by 26 percent between 2001 and 2004, while discretionary spending during the same period has surged 38 percent, according to an analysis by the conservative Heritage Foundation. Washinton Post: CBO Director Douglas Holtz-Eakin said tax cuts and spending enacted by Congress last year will contribute $504 billion to the government's overall forecast debt between 2005 and 2014. Additional debt over that decade should total $1.36 trillion, well above the $861 billion figure the CBO projected in September. Bush: I have a message for every American who is 55 or older: Do not let anyone mislead you. For you, the Social Security system will not change in any way. Because he will put it on the credit card. Current Balance: $427 Billion. The transition costs for the Bush Social Security plan? - On the credit card. The continuing cost of the Iraq occupation? - On the credit card. This is the credit card president. And, as is the plan, when it comes time to pay the bills it will come from programs that benefit low income and working class Americans. As part of that effort, officials said Bush will propose eliminating operating subsidies for passenger train operator Amtrak. No way? Amtrak! I didn't see that coming... oh wait, yes I did. |
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