Info from The President's 2008 Budget Proposal:
The President’s 2008 Budget provides $481.4 billion for the Department of Defense’s base budget – a 62 percent increase over 2001. In addition to base funding, the request includes $93.4 billion in supplemental appropriations for 2007, and an additional $141.7 billion in 2008. It also includes a $50 billion allowance for 2009. This combined request will ensure a high level of military readiness, enabling the Department to respond to evolving and adaptive enemies, while sustaining traditional advantages in U.S. conventional warfighting capabilities by:
Supporting operations in the War on Terror: As a nation at war, the top priority is to ensure servicemembers have the resources necessary to fight and succeed in the War on Terror. To date, $426.8 billion has been provided in supplemental appropriations for the War on Terror; the 2007 and 2008 request would increase this amount to $ 661.9 billion.
I ask you if we increase the Defense Budget by 141 billion bucks in 2008, how will we balance the budget in 5 years and still have tax cuts that would cost an additional $374 billion during this timeframe? My intial thought would be cuts is Social Security, Education, Medicare, etc.
Bush bitches to Congress to quit throwing pork on new bills, yet he is essentially doing the same thing with his 2008 budget proposal. Hopefully Democrats will be on their toes and will say "hell no" to Bush. I hope Sen. Kent Conrad has his red pen out.
"The president's budget is filled with debt and deception, disconnected from reality, and continues to move America in the wrong direction," Senate Budget Committee Chairman Kent Conrad (D-N.D.) said. "This administration has the worst fiscal record in history, and this budget does nothing to change that. It clings to the same misguided policies: costly tax cuts that primarily benefit the wealthiest, cuts in domestic priorities, and more fiscal irresponsibility."1
1. Bush Sends Congress $2.9 Trillion Budget Plan
By Lori Montgomery and William Branigin
Washington Post Staff Writers
Monday, February 5, 2007; 5:06 PM
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