Study: Bush Budget Adds $1.3T to Deficits

*****WOW.............talk about spending..........our kids will never be out of debt!

Study: Bush Budget Adds $1.3T to Deficits

5 minutes ago


By ALAN FRAM, Associated Press Writer

WASHINGTON - Responding to an election-season request by Democrats, the Congressional Budget Office (news - web sites) estimated Thursday that some of President Bush (news - web sites)'s budget policies plus other costs would add $1.3 trillion to federal deficits over the next decade.






Republicans said the exercise was a blatantly political attempt by Democrats to use the nonpartisan budget office's projections to attack Bush and the GOP.


"Desperate times call for desperate measures," said Rich Meade, Republican staff director of the House Budget Committee, referring to Democrats' unlikely chances of capturing House control in the November elections. "This has nothing to do about budgets, and everything to do with politics."

http://story.news.yahoo.com/news?tmpl=story&u=/ap/20040923/ap_on_go_pr_wh/bush_budget_1

does have to do "with" budgets. idiot.

...it can add up to some real money, $14 trillion in total federal debt by 2014 to be exact, twice what it is today and today's debt was doubled by George Dubbya Bush from when he took office. The wealthy have been the chief beneficiaries of all this new debt while to rest of us are saddled with the bill for it.

...it can add up to some real money, $14 trillion in total federal debt by 2014 to be exact, twice what it is today and today's debt was doubled by George Dubbya Bush from when he took office. The wealthy have been the chief beneficiaries of all this new debt while to rest of us are saddled with the bill of rit.

When Cheney told Paul O'Niell that "deficits don't matter, Reagan showed us that" I realized that Clinton showed us that taxes don't matter.

Soak the rich! They have derived the most benefit!

...it can add up to some real money, $14 trillion in total federal debt by 2014 to be exact, twice what it is today and today's debt was doubled by George Dubbya Bush from when he took office. The wealthy have been the chief beneficiaries of all this new debt while to rest of us are saddled with the bill for it.

And we thought there were alot of ZEROES in the Bush Administration

Then multiply it by 1000. You've got a billion.

Multiply that by 1000. You've got a trillion.

One thousand billion dollars. Sorry; 1300 billion.

Tell's it like it is there "attacking" the other party?

If its a nonpartisan budget office maybe the Republicans should try and listen for once instead of jumping right to the defense for something that might look good on paper but really is nothing more then an trouble years down the line.


If one's eyes were open more often they would not fear a little light from time to time

Its actually closer to 3 trillion

http://www.washingtonpost.com/wp-dyn/articles/A18876-2004Sep13.html

From Article:
Republicans said the exercise was a blatantly political attempt by Democrats to use the nonpartisan budget office's projections to attack Bush and the GOP.

The Bush administration ran an estimate of Kerry's plans through the partisan treasury office a couple of months ago to use in criticism of Kerry. There is a big difference here. The CBO is independent of the Bush administration and Shrub is currently pResident. They have the unmitigated gall to criticize the Democrats for doing a less blantly partisan analysis than they did?:mad:

Added on edit:

Here's the link where Delay requested it through the treasury dept for Shrub.

http://www.signonsandiego.com/news/politics/20040331-1643-treasury-politics.html">(LINK)

Douglas Holtz-Eakin was hired to be the head of the CBO after the previous person had been fired by Tom DeLay for the crimes of honesty and integrity. Holtz-Eakin is a supply sider who was working in the White House when he was chosen to head the CBO. Since becoming head of the CBO he has instituted the use of dynamic scoring which republicans have urged for years. When the CBO has scored Bush's tax cuts using dynamic scoring, the projected deficits have been even larger than when not using dynamic scoring.

Ummm that would be treasury bills. The ones that finance the debt.

http://www.opensecrets.org/pfds/candlook.asp?CID=N00008072

:kick: