Politics: Bush: No new taxes needed to pay for recovery
Okay, so the president says that no new taxes are needed to restore NOLA: http://www.cnn.com/2005/POLITICS/09/16/bush.main/index.html
A couple points in the article:
1) The costs of reconstruction will likely be over $200 billion.
2) Bush says that we can pay for reconstruction by "cut(ting) unnecessary spending."
3) The 2005 and 2006 budget deficits are both estimated at over $300 billion.
So, this guy has been in office for five years, with his own political party controlling the house, senate, and judiciary for most of that time, and there's $200 billion or more in "unnecessary spending" which hasn't been cut from the budget yet? This with a $300 billion deficit, and the (ostensibly) fiscally conservative party in power?
For the shrinking group of people out there who don't realize it yet, a simple observation: The Republicans are fiscally conservative like Bill Clinton is monogamous.
A couple points in the article:
1) The costs of reconstruction will likely be over $200 billion.
2) Bush says that we can pay for reconstruction by "cut(ting) unnecessary spending."
3) The 2005 and 2006 budget deficits are both estimated at over $300 billion.
So, this guy has been in office for five years, with his own political party controlling the house, senate, and judiciary for most of that time, and there's $200 billion or more in "unnecessary spending" which hasn't been cut from the budget yet? This with a $300 billion deficit, and the (ostensibly) fiscally conservative party in power?
For the shrinking group of people out there who don't realize it yet, a simple observation: The Republicans are fiscally conservative like Bill Clinton is monogamous.
posted by RDConz at 3:06 PM
1 Comments:
"Bush is a Conservative like Clinton is monogamous." I've been saying that for years. As a Republican, he makes a good Democrat.
I've been wondering as well, what's the payoff in Iraq. I don't believe that the expedition makes anything safer at home, so what do we gain? Cheaper oil prices? I doubt it. How about a little surcharge on every barrel of oil lifted out of Iraqi soil. How about $6/bbl goes right into the coffers of the U.S Treasury? There's riches galore in Iraq and it's about time for a payoff for the U.S.A.
Combad57
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