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Bush proposes legal block on Congress spending
Yahoo! News ^
| January 31, 2004
| Yahoo! News
Posted on 01/31/2004 10:10:05 AM PST by Print
WASHINGTON (AFP) - President George W. Bush (news - web sites) said he would place a legal block on overspending by the US Congress as he hit back at critics who have accused him of being reckless with US finances.
"To assure that Congress observes spending discipline, now and in the future, I propose making spending limits the law," Bush declared Saturday in his weekly radio address, ahead of the release Monday of the fiscal 2005 budget, in which the deficit is expected to hit a new record high.
"This simple step would mean that every additional dollar the Congress wants to spend in excess of spending limits must be matched by a dollar in spending cuts elsewhere.
"Budget limits must mean something, and not just serve as vague guidelines to be routinely violated. This single change in the procedures of the Congress would bring further spending restraint to Washington."
The Republican president faces mounting pressure over his financial policy as opposition Democrats step up their attacks in election year.
The White House announced Friday that the 2005 budget deficit would hit 521 billion dollars, a record in dollar terms.
But Bush, who has blamed US economic troubles on the September 11, 2001, attacks, wars in Afghanistan (news - web sites) and Iraq (news - web sites), and a recession he inherited from former president Bill Clinton (news - web sites), insisted that his spending policies were responsible.
He reaffirmed his aim of cutting the budget deficit in half within five years.
He said that "Americans will see my priorities clearly at work" when the budget is released Monday.
"We will devote the resources necessary to win the war on terror and protect our homeland. We'll provide compassionate help to seniors, to schoolchildren, and to Americans in need of job training. And we will be responsible with the people's money by cutting the deficit in half over five years."
Under the Bush plan, defense spending will increase seven percent, including a 3.5-percent pay increase for the military, homeland security spending will rise 10 percent to 30.5 billion dollars.
"This money will help tighten security at our borders, airports and seaports, and improve our defenses against biological attack," Bush told the nation.
The Federal Bureau of Investigation budget will rise 11 percent, including a 357 million dollar increase in counterterrorism spending. "America will not let its guard down in our war on terror," he vowed.
An extra 600 million dollars will also go toward assistance for the elderly to buy drugs and more money for public schools.
"We're meeting these priorities within a responsible budget," Bush said.
The president has proposed that overall "discretionary spending" will grow at less than four percent and non-security spending would rise less than one percent, which he said would be "the smallest such proposed increase in 12 years."
"By exercising spending discipline in Washington DC, we will reduce the deficit and meet our most basic priorities."
TOPICS: Business/Economy; Government
KEYWORDS: budgetdeficit; bush43; gimmick; spending
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1
posted on
01/31/2004 10:10:06 AM PST
by
Print
To: Print
Please stop us before we spend again!"Cripes, if this is what Bush thinks we need, we should replace our elected leadership with a few CPAs and call it a day.
2
posted on
01/31/2004 10:12:12 AM PST
by
dirtboy
(Howard Dean - all bike and no path)
To: Print
Main Entry:
2veto Function:
transitive verb Inflected Form(s):
ve·toed;
ve·to·ing: to refuse to admit or approve
: PROHIBIT;
also : to refuse assent to (a legislative bill) so as to prevent
enactment or cause reconsideration.
3
posted on
01/31/2004 10:17:47 AM PST
by
quantim
(Victory is not relative, it is absolute.)
To: Print
I like it.
And it would sure paint those opposed as reckless with OUR money.
That being said, our 'faithful' RINO's along with the traitorous demoncRATS would probably propose the 'cap' be at something ridiculously high like 25%. BUT then Dubya can pull out his 'virgin veto pen'.
NOTE: I'm NOT being disrespectful to Bush. The undeniable fact IS that his 'veto pen' IS a virgin.
4
posted on
01/31/2004 10:18:14 AM PST
by
Condor51
("Leftists are moral and intellectual parasites." -- Standing Wolf)
To: Print
Irony, thy name is George W. Bush. The man calls for big spending entitlement upon big spending entitlement, then states that Congress is so irresponsible it needs to be restrained by force of law.
Perhaps we also need a law stating the President will veto any bill that doesn't also adhere to the same principle...
To: dirtboy
"To assure that Congress observes spending discipline, now and in the future, I propose making spending limits the law," Bush declared Saturday in his weekly radio address, ahead of the release Monday of the fiscal 2005 budget, in which the deficit is expected to hit a new record high. You can't make this stuff up! LOL!
6
posted on
01/31/2004 10:21:58 AM PST
by
Huck
(Hold on to your wallet--the President's awake!)
To: Condor51
BTTT. This should be an interesting thread. It has all the makings of one anyway.
7
posted on
01/31/2004 10:23:12 AM PST
by
ImpBill
("America! ... Where are you now?")
To: Print
"To assure that Congress observes spending discipline, now and in the future, I propose making spending limits the law," Bush declared Saturday in his weekly radio address, ahead of the release Monday of the fiscal 2005 budget, in which the deficit is expected to hit a new record high.
Let me get this straight, after perposing 2 TRILLION dollar in government spending increases (going to Mars, Medicare and Illegal Immigrantion during the state of the Union Address), he NOW wants to talk about spending limits.
This is talking from both sides of the mouths at it's finest.
To: NittanyLion
Give 'im a line item veto.
9
posted on
01/31/2004 10:28:22 AM PST
by
cake_crumb
(UN Resolutions = Very Expensive, Very SCRATCHY Toilet Paper)
To: All
Pay attention people.
GW Bush's domestic discretionary spending as a % of GDP is LESS than Ronald Reagan's was in the same years of their presidencies. This is Cold Hard Incontrovertible fact.
The number . . . a percentage of GDP . . . has grown from Clinton's and evoked this explosion of flailing arms because Clinton had GDP that was artificially large due to the dotcom boom. The large denominator reduced the % number. When GW Bush encountered a 9/11 induced fall in GDP, the % number grew and looked like a big jump.
The truth is, over multiple decades, that the domestic discretionary spending as a % of GDP floats along between 3 and 4%. There's not a lot of change in it. Much of this uproar is much ado about nothing.
The reason Bush has vetoed nothing is because he has a GOP congress and the GOP congress spends on Homeland Security and the war on terror as they must. He has no need to veto that. He can interdict legislation in the formative stage.
There is way too much talk of this spending thing. His numbers are SUPERIOR to Ronald Reagan's.
10
posted on
01/31/2004 10:31:44 AM PST
by
Owen
To: Print
I'm flattered that conservatives are being pandered to in this election year. Very flattered.
11
posted on
01/31/2004 10:32:38 AM PST
by
kristinn
To: Paul C. Jesup
You left out funding for the military. That's terrible too. And the technology we invent to go into space has a direct effect on our jobs, our economy and our personal lives. Without spending for these unnecesary programs, you wouldn't be posting on the internet.
12
posted on
01/31/2004 10:34:18 AM PST
by
cake_crumb
(UN Resolutions = Very Expensive, Very SCRATCHY Toilet Paper)
To: cake_crumb
Should have mentioned that funding for military innovation also has a direct effect on our jobs, economy and personal lives.
13
posted on
01/31/2004 10:35:03 AM PST
by
cake_crumb
(UN Resolutions = Very Expensive, Very SCRATCHY Toilet Paper)
To: Owen
Only a true Bush-bot could defend all this new entitlement and discretionary spending.
If a Democrat was doing the exact same thing, you'd be screaming bloody murder.
14
posted on
01/31/2004 10:36:07 AM PST
by
Guillermo
(Hypocrites, all around here)
To: Owen
GW Bush's domestic discretionary spending as a % of GDP is LESS than Ronald Reagan's was in the same years of their presidencies. This is Cold Hard Incontrovertible fact. A demonstrably false statement. A number of sources, including the CBO, show discretionary spending increases far in excess of 4% - in fact it's closer to 8%. Why would the administration promise to hold spending beneath 4% next year, if it was already lower than that this year?
To: cake_crumb
And with Bush's Pill Bill, the prices of drugs are going to skyrocket, but it will help the economy, right?
16
posted on
01/31/2004 10:37:30 AM PST
by
Guillermo
(Hypocrites, all around here)
To: Print
this is election year window-dressing. where has he and his "fiscal responsability" been for the last 3 years?? Federal spending is UP 25% IN 3 YEARS.
17
posted on
01/31/2004 10:37:53 AM PST
by
gawd
To: Print
"To assure that Congress observes spending discipline, now and in the future, I propose making spending limits the law," Bush declared Saturday in his weekly radio address, ahead of the release Monday of the fiscal 2005 budget, in which the deficit is expected to hit a new record high.
Okay. I suppose the new 'spending limits' will start at $5 trillion annually.
I think his proposed budget will make a mockery of this speech.
He's trying to head off Rush and the conservative organizations and their websites. Not to mention the new conservative activist base that is forming. Not to mention
The Liberty Caucus, meeting privately now to strategize on how to defeat this big-government GOP budget.
"By exercising spending discipline in Washington DC, we will reduce the deficit and meet our most basic priorities."
At least Rove hasn't lost his sense of humor.
18
posted on
01/31/2004 10:40:15 AM PST
by
George W. Bush
(It's the Congress, stupid.)
To: Owen
"The reason Bush has vetoed nothing is because he has a GOP congress and the GOP congress spends on Homeland Security and the war on terror as they must. He has no need to veto that. He can interdict legislation in the formative stage."In addition, everyone's screaming about illegal aliens as though they're a new problem. They were "taking our jobs" during the Clinton era, but I never heard a PEEP about that from FReepers. We do not have the MONEY to track down, catch, hold, background check and deport all of them at once. It is not possible. I want 'em gone as much as everyone else, but the logistics of such an undertaking SHOULD be obvious.
Homeland Security is raising all immigration fees. Those who register here to work under President Bush's work permit program will have to PAY for it. More than they would have if they had applied right away like law abiding citizens SHOULD. This gives Homeland Security more money to cover the cost of increased security checks. THAT aids OUR security.
19
posted on
01/31/2004 10:41:34 AM PST
by
cake_crumb
(UN Resolutions = Very Expensive, Very SCRATCHY Toilet Paper)
To: Print
How about a veto now and then?
STOP SPENDING SO MUCH, W!
20
posted on
01/31/2004 10:43:24 AM PST
by
petercooper
(We did not have to prove Saddam had WMD, he had to prove he didn't.)
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