Democrat Budget: Just More Tax and Spend

http://freedom.house.gov/library/economics/secret.aspSecret ^ | March 19, 2002

[SpyderTim]

House Majority Leader Dick Armey released an analysis today of Democrat budget plans to increase taxes for more government spending.

During last week's Budget Committee markup, Democrats offered 17 amendments to the proposed budget. Taken together, the amendments totaled $205 billion in new spending and $175 billion in new taxes over five years.

"In this budget debate, Democrats have offered nothing but excuses and half-baked schemes," said Armey. "Now it appears they have a secret plan that taxes Americans, spends billions more on government programs, without doing anything to protect and strengthen Social Security. They don't even belong in this debate."

From FY 1970-1995, the federal budget ran deficits every year. Since the last surplus was recorded in 1969, the Democratic majority produced budget deficits totaling $3.3 trillion. In contrast, since Republicans took control, the federal budget ran a net surplus of $429 billion.

"When it comes to fiscal discipline, Democrats have no credibility," said Armey. "Republican control balanced the books while helping families and individuals balance their own. This year's budget maintains fiscal responsibility with a blueprint for future surpluses while funding a nation at war."

Source: Office of Management and Budget

[lewislynn]

In contrast, since Republicans took control, the federal budget ran a net surplus of $429 billion.

Send it back Mr. Armey, it's not your money.

I see little difference in collecting confiscating more than needed and spending more than needed.....

If the "surplus" wasn't spent, where is it?

[sleavelessinseattle]

I see little difference in collecting confiscating more than needed and spending more than needed.....

Its called correct budgeting and a tax cut which you spent last fall. Where have you been for 9 years?

[lewislynn]

Its called correct budgeting and a tax cut which you spent last fall. Where have you been for 9 years? ....LOL! Oh I get it, my tax cut was $600 dollars over 9 years, how ungrateful of me.

I hope You forgot the < /sarcasm > tag.

[sleavelessinseattle]

X42 is the author of the largest tax increase in US History. Dubya has been in office for 1 year and gave money back and is fighting to protect his tax CUT despite Demorat pressure to increase taxes by eliminating the cut PLUS the work with the Fed turned around what could have been a much sharper recession last fall</ informed disagreement with an ungrateful individual>

[lewislynn]

Big Jump in Spending Marks 2003 Budget

The Bush administration is poised to complete the biggest increase in government spending since the 1960s' "Great Society," the result of conducting the war on terrorism while substantially boosting the education and transportation budgets, according to a detailed analysis of government spending patterns.

Big-budget Bush: President shows no interest in curbing spending

Let's not forget the new "Homeland Security" bureaucracy with their color coded warnings without directions on what they mean to us that has already doubled it's funding in less than 8 months.

Time will tell about tax cuts or if the Democrats get their wish.

I of course should be grateful for all the new non-defense government spending.

[sleavelessinseattle]

Did you READ the article? "The presidents 2003 budget proposals COMBINED with spending approved in the first year of his administration and LAST TWO YEARS OF THE CLINTON ADMINISTRATION(no Wars there, WTC nice big building with live people in it...no justification for Clinton's BS programs, JUST PORK!) I REPEAT...Bush is doing the best he can to deliver on his campaign promises and fight a FU@#$%G WAR that was caused by the previous administration's inability to keep his hand out of your wallet without doing ANYTHING about the dismemberment of the Military...

[teeman8r]

yeah, but what has he done for us lately...< /sarcasm >

[Ragtime Cowgirl]

Short, but sweet, ping.