Friday, December 17, 2004


Yahoo! News - Bush Considers Domestic Spending Freeze
WASHINGTON - President Bush is considering asking Congress to freeze domestic spending next year or cut it slightly, even as he prods lawmakers to allow younger workers to divert some of their Social Security taxes into personal investment accounts.

The two plans, which promise to be dominant issues next year, share a common thread: massive federal deficits that have set consecutive records, peaking at $413 billion last year. The shortfalls have prompted Bush to seek savings from non-defense, non-domestic security programs, and have limited his options for shoring up Social Security for the looming retirement of baby boomers.

"I look forward to working with Congress on fiscal restraint," the president said. "And it's not going to be easy."

HAHAHA! For you or for them?

As long as you get your money for your pet projects for the wealthy, everything will be fine won't it, Georgie?


House and Senate aides, speaking on condition of anonymity, said the White House was considering cutting such programs as housing, grants for community development, purchases of new equipment for the Federal Aviation Administration, and Army Corps of Engineers water projects.

Even the National Aeronautics and Space Administration, an administration favorite, was facing an increase of just 1 percent, pending appeals to the White House by outgoing NASA Administrator Sean O'Keefe, a lobbyist said.

"This tells you the administration's priority is tax cuts over fiscal responsibility and providing central services to the American people," said Thomas Kahn, Democratic staff director of the House Budget Committee.

This is what you elected America. More tax cuts for the rich, a SS scheme which will favor Wall Street and cost a fortune to implement, and less money for your community! Expect your local taxes to rise some more, or maybe just get rid of your fire department. You have a hose, don't you?