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Thread: Bush 2009 budget to freeze many domestic programs

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    Hit By Ban Bus! AliceInWonderland's Avatar
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    Angry Bush 2009 budget to freeze many domestic programs

    and in other news; Bush is an idiot:
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    Bush 2009 budget to freeze many programs By KEVIN FREKING, Associated Press Writer
    16 minutes ago



    President Bush's 2009 budget will virtually freeze most domestic programs and seek nearly $200 billion in savings from federal health care programs, a senior administration official said Thursday. The Bush budget also will likely exceed $3 trillion, this official said.

    Bush on Monday will present his proposed budget for the new fiscal year to Congress, where it's unlikely to gain much traction in the midst of a presidential campaign. The president has promised a plan that would erase the budget deficit by 2012 if his policies are followed.

    Bush will propose nearly $178 billion in savings from Medicare — a number that's nearly triple what he proposed last year. Much of the savings would come from freezing reimbursement rates for most health care providers for three years. An additional $17 billion would come from the Medicaid program, the state-federal partnership that provides health coverage to the poor. The cuts would come over five years.

    The official, whose spoke on condition of anonymity because the budget has not yet been released, said the budget for domestic programs would look like last year's.

    "It's a very small increase," he said. "Very small."

    A second official, who also spoke on condition of anonymity, said that domestic discretionary spending would increase by less than 1 percent under Bush's proposal.

    The budget is likely to have deficits of about $400 billion for this year and next.

    Economists say the best measure of the deficit is to compare it against the size of the economy. By that standard, a $400 billion deficit represents almost 3 percent of the gross domestic product. By contrast, President Clinton was facing deficits in the 4 percent range when he felt compelled to tackle the issue in 1993.

    One official made that clear that Medicare would continue to grow, but not as quickly as had been expected. "Medicare will grow at 5 percent. It just won't grow over 7 percent," said this official.

    Savings also would come by charging wealthier people higher monthly premiums for Medicare's drug program.

    Last year, Congress declined to go along with the nearly $65 billion in savings the president proposed for Medicare over five years, and that proposal pales in comparison with the savings he now seeks.

    Independent experts have warned that the government needs to address the rising cost of health care for businesses to stay competitive and for the government to be able to pay for other important programs in the decades ahead.

    "In fact, if there is one thing that could bankrupt America, it's runaway health care costs. We must not allow that to happen," David M. Walker, the U.S. comptroller general, told lawmakers Tuesday during a congressional hearing.

    But Democrats said Bush's budget targets the wrong health care providers for cuts. They said insurers subsidized to provide Medicare coverage are being overpaid.

    "The president is proposing to once again slash health care coverage for seniors and low-income working Americans," House Speaker Nancy Pelosi, D-Calif., said. "The president's cuts are exactly the wrong medicine when the cost of health care and the number of uninsured continue to rise and families are feeling economically insecure."

    Bush 2009 budget to freeze many programs - Yahoo! News


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    why is our hard-earned money going to other countries?! oh yeah; OIL.

  2. #2
    Elite Member Grimmlok's Avatar
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    500+ billion for war and cut taxes for the wealthy is fine, but god forbid anybody need to spend money on social programs.

    I like that. He spends the country into insolvency, and then wants the nation to pick up the tab.
    I am from the American CIA and I have a radio in my head. I am going to kill you.

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    Elite Member Sojiita's Avatar
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    I loathe and despise him so.
    Don't slap me, cause I'm not in the mood!

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    Hit By Ban Bus! AliceInWonderland's Avatar
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    no no, i wish i could burn him at the stake and light the fire myself! he was in torrance, california yesterday sooooooooo close to me!!!

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    Elite Member Dixie Normos's Avatar
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    I'm telling you guys, assasination, it's what's for breakfast.
    "In the face of the blinding sun, I wake only to find
    that Heaven is a stranger place than than one I've left behind." - SM

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    Elite Member celeb_2006's Avatar
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    This is like bush giving an SBD to the american public as he leaves office.

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    Hit By Ban Bus! AliceInWonderland's Avatar
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    oh i fully expect him to do a lot more than that! i afraid for more war w/ Iran likely and the assasination of someone else like someone running for president who threatens "their" plan(s)

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    Gold Member deckchick's Avatar
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    As a "Canadian", can I even comment on this?

    Oh hell, Bush is an idiot.
    Vegetarian - Old Indian word for "Bad Hunter"

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    Elite Member Chilly Willy's Avatar
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    I blame the illegal immigrants.
    Hello mother fucker! when you ask a question read also the answer instead of asking another question on an answer who already contain the answer of your next question!
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    Gold Member deckchick's Avatar
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    oooo! You may be on to something!
    Vegetarian - Old Indian word for "Bad Hunter"

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    Elite Member Mr. Authority's Avatar
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    Nothing that asshole does surprises me anymore. How is the next president going to clean up this mess?

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    Hit By Ban Bus! AliceInWonderland's Avatar
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    ^ ugh, depressing

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    C'mon guys, only 352 days left.

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    Elite Member Quazar's Avatar
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    It'll take 50 years to undo the damage done by this idiot.

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    Elite Member panda's Avatar
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    Quote Originally Posted by Quazar View Post
    It'll take 50 years to undo the damage done by this idiot.
    I'm afraid you are right and it's depressing as hell. I hate the bastard so much!

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