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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-03 10:43 PM
Original message
Bush request scribbled in red ink (CNN)
http://www.cnn.com/2003/ALLPOLITICS/09/08/iraq.budget.deficit/

WASHINGTON (CNN) -- The White House acknowledged Monday that President Bush's budget request for the wars in Iraq and Afghanistan will balloon the federal budget deficit next year by at least $50 billion -- to a record $525 billion or more.

<snip>

Senior administration officials told reporters there were no plans at the White House to seek "offsets" -- or spending cuts elsewhere in the budget -- to ease the strain of the new war budget request on the Treasury.

Nor is the White House open to scaling back tax cuts already passed by Congress, these officials said.

The administration had already projected a record federal budget deficit next year of $475 billion.

...more...
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RobertSeattle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-03 10:47 PM
Response to Original message
1. War Tax Dammit
We've had a War Tax for every major War in the past 150 years - why not this one? If this is so War on Terrorism is critical - tax it properly - don't pass the payment to future generations.

Bush Admin Credo: Sacrifice is for suckers



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pruner Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-03 10:53 PM
Response to Original message
2. how does an $87 billion request = only $50 billion in deficit?
has $37 billion worth of the Clinton surplus been hiding in an undisclosed location?

sounds like fuzzy math to me.
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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-03 11:17 PM
Response to Reply #2
6. They will "spend" (commit) $40B in next 2 weeks so its 10/1/02 money
Last years deficit is never a media item - only "future"

You see the media in a GOP presidency never assigns blame to the past unless it is a past Dem administration. So it is "get over it" and that is so 9/10, and why refight past wars - just say what your plan is for the future - forget the 2000 theft, and the electronic voting machines that the Pres of Diebold - the maker - feels will guarantee a Bush 04 election. Get on the vision thing and who would you rather have a beer with - "who connects" - at least to the owners of the media.

Hey Reagan had the worst recession in our history for 14 months - and the media sang "morning in America", Reagan had the same growth in the economy per year as Carter and the media still sings about the economic burst due to the Reagan tax cuts (the 14 month recession is not part of media history, just as the 3.33% GDP Reagan growth rate versus Carter's 3.25% never is in a media story).

I love our "not controlled by Right wing GOP Board Members and editors - we just act that way" media.
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Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-03 10:55 PM
Response to Original message
3. tax-and-spend Democrats outdone by taxcut-and-spend-more Republicans
driving the country into a ditch.

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SharonAnn Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-03 11:07 PM
Response to Reply #3
4. It's "Borrow and Spend" Republicans
Guess what will happen when the United States has to declare the equivalent of bankruptcy?
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Barrett808 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-03 11:28 PM
Response to Reply #4
7. "Red-ink Republicans"
That's the one I like.
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Lorien Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-09-03 12:45 AM
Response to Reply #7
10. Yep, a meme in the making
without a doubt!
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OldCurmudgeon Donating Member (585 posts) Send PM | Profile | Ignore Tue Sep-09-03 12:53 AM
Response to Reply #7
11. is that why
they're called "red states"?

Now here I thought it was because they were the last bastions of communism, or that their politicians were from Mars, or something like that.

"Red-ink Republicans from Red States"

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Journeyman Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-09-03 12:36 AM
Response to Reply #4
9. That's "Attacks and Spend" Republicans. . .
a name courtesy of a DUer whose name I don't remember.
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symbolman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-08-03 11:13 PM
Response to Original message
5. Can we
Invoke the WAR PROFITTEERING ACT?

Does it even exist anymore? WE NEED IT NOW. Jail these bastards, this is money laundering!!

RICCO
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delbert_ Donating Member (8 posts) Send PM | Profile | Ignore Tue Sep-09-03 12:03 AM
Response to Reply #5
8. Tax and spend SS...........
I'm pretty much convinced that this hard-right administration thinks that the more they can drain the swamp for social security and medicare the more they are doing the Lord's work..I'm not convinced yet that God want's to see old people die in the streets after they've paid SS their whole life.
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RMJ Donating Member (681 posts) Send PM | Profile | Ignore Tue Sep-09-03 02:06 AM
Response to Reply #8
13. welcome to DU
:hi:
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grytpype Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-09-03 01:19 AM
Response to Original message
12. The Iraq war approaches the $191 billion inflation-adjusted cost of World
With $166 billion spent or requested, Bush's war spending in 2003 and 2004 already exceeds the inflation-adjusted costs of the Revolutionary War, the War of 1812, the Mexican War, the Civil War, the Spanish American War and the Persian Gulf War combined, according to a study by Yale University economist William D. Nordhaus. The Iraq war approaches the $191 billion inflation-adjusted cost of World War I.

in WaPo

So Little President Junior has spent more on war than Washington, Lincoln, Teddy Rooseveldt, and George Bush I combined, with one-tenth of the brains of the least of them.
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