Bush to Request More Aid Funding (***"expected to exceed $200 billion"***)

Washington Post ^ | 9/15/05

[Uncle Joe Cannon]

Bush to Request More Aid Funding

Analysts Warn of Spending's Impact

By Jonathan Weisman and Jim VandeHei

Washington Post Staff Writers

Thursday, September 15, 2005; Page A01

President Bush will call tonight for an unprecedented federal commitment to rebuild New Orleans and other areas obliterated by Hurricane Katrina, putting the United States on pace to spend more in the next year on the storm's aftermath than it has over three years on the Iraq war, according to White House and congressional officials.

With the federal tab for Katrina already nearly quadruple the cost of the country's previous most expensive natural disaster cleanup, Bush plans to offer federal assistance to help flood victims find jobs, get housing and health care, and attend school, according to White House aides.

In a speech from the flood zone, Bush will commit the federal government to what many predict will become the largest reconstruction effort ever on U.S. soil.

The president will call on Washington to resist spending money unwisely, but some in his own party are already starting to recoil at a price tag expected to exceed $200 billion -- about the cost of the Iraq war and reconstruction efforts. As emergency expenditures soar -- with new commitments as high as $2 billion a day -- some budget analysts and conservative groups are warning that the Katrina spending has combined with earlier fiscal decisions in ways that will wreak havoc on the government's finances for years to come.

[Uncle Joe Cannon]

A hundred billion here, a hundred billion there... pretty soon it all adds up to real money.

< / gasp>

[Doctor Stochastic]

Good thing Tom Delay claim no more "fat" in the budget.

[dts32041]

Why should be recovered from all the millions scammed by LA politicos.

[Uncle Joe Cannon]

Repeal the Highway Bill.

There's your 200 billion.

[wdkeller]

[RazorGhost]

Welcome to the world of the socialist republican. We have been taken over the socialists. Just one is with D and one with R. The R type is the lesser, weaker form.

[Texasforever]

I predict a short stay for you.

[Mad_Tom_Rackham]

Eliminate 1/2 of tht highway budget and 3/4 of non-life-support welfare budget and save 500 billion.

[Sometimes A River]

Where does he think all this money will come from?

[Sometimes A River]

Not one thin dime of Katrina spending will be offset, take that to the bank.

[M203M4]

I predict a short stay for you.

I looked at the pic he posted and thought the same thing LOL.

I think he is safe though.

[Sometimes A River]

No one around here believes the GOP is a fiscally conservative party, do they?

[Texasforever]

This 200 billion proposal really ticks me off but I really hate the use of DU pictures on FR.

[sinkspur]

No one around here believes the GOP is a fiscally conservative party, do they?

There is no such thing as "smaller government." And in the 20th and 21st century, there never has been.

[Ultra Sonic 007]

Makes ya wonder why people even bother having insurance policies...

[Texasforever]

That wasn't why I objected to the post. It is fine to be mad about this 200 billion but don't use DU tactics to make the point. If it were up to me, NO would be a swamp from this day forward.

[Sometimes A River]

Calvin Coolidge.

Dems = Tax and Spend

GOP = Borrow and Spend

Bottom line, they're both big spenders.

[penelopesire]

Perhaps we should 'reconsider' Dennis Hastert's view on the matter.