February 03, 2004

Some perspective on Bush's budget trial ballon from David Bernstein:

Bush's "Radical" Budget: Bush's latest budget apparently isn't as profligate as his first three, but the way the Times and Post are going on, you would think we were seeing the second coming of Grover Cleveland (whose portrait proudly hangs in my office). Here is the money quote from the Post: "In all, Bolten said, the budget would kill 65 federal programs and significantly trim 63 others. That would save $4.9 billion in the next fiscal year, which starts Oct. 1." Remember, that's $4.9 billion out of a $2.4 trillion budget; after a 20%+ real increase over three years; and after adding a new budget-busting Medicare entitlement. That Bush is really taking an axe to the budget!
Posted by Greg Ransom