"Keeping America competitive requires us to be good stewards of tax dollars. Every year of my presidency, we have reduced the growth of non-security discretionary spending and last year you passed bills that cut this spending. This year my budget will cut it again, and reduce or eliminate more than 140 programs that are performing poorly or not fulfilling essential priorities. By passing these reforms, we will save the American taxpayer another 14 billion dollars next year and stay on track to cut the deficit in half by 2009. I am pleased that Members of Congress are working on earmark reform because the Federal budget has too many special interest projects. And we can tackle this problem together, if you pass the line-item veto."
"We must also confront the larger challenge of mandatory spending, or entitlements. This year, the first of about 78 million Baby Boomers turn 60, including two of my Dads favorite people me, and President Bill Clinton. This milestone is more than a personal crisis it is a national challenge. The retirement of the Baby Boom generation will put unprecedented strains on the Federal government. By 2030, spending for Social Security, Medicare, and Medicaid alone will be almost 60 percent of the entire Federal budget. And that will present future Congresses with impossible choices staggering tax increases, immense deficits, or deep cuts in every category of spending."
Bump!!!!!!!