Tuesday, September 14, 2004

Spending Us Into the Rich House?

The Bush/Cheney attack machine accuses Sen. Kerry of proposing some $2 trillion in additional federal spending, but guess what? The new proposals outlined by El Presidente in his convention acceptance speech total up to some $3 trillion in additional spending, at a time that the Iraq war is already costing us $4 billion a month that isn't even acknowledged in the Bush budget. According to Mike Allen in the WashPost, "administration figures" -- not Democratic operatives, but the administration's own number-crunchers -- show the path to total fiscal ruin that Mr. Bush is pursuing.

Exactly what is this "conservative" conserving?

"This year's federal budget deficit will reach a record $422 billion, and the government is expected to accumulate $2.3 trillion in new debt over the next 10 years, the nonpartisan Congressional Budget Office reported last week."

The wrong direction.

But we pity whoever might have to clean up this mess -- and we're not just talking the budget deficit!

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