[Hpn] Dubya goes on slash-and-burn campaign...'but don't worry, the lord will provide'

Graeme Bacque gbacque@colosseum.com
Tue, 08 Feb 2005 04:23:54 -0500


The U.S. is going to see many more homeless over the next four years...
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http://www.thestar.com/NASApp/cs/ContentServer?pagename=thestar/Layout/Article_Type1&c=Article&cid=1107816610053&call_pageid=968332188492&col=968793972154&DPL=IvsNDS%2f7ChAX&tacodalogin=yes

Feb. 8, 2005. 01:00 AM

Bush budget to slash programs
Medicaid, housing face reductions

$1.4 trillion deficit in 2010 predicted


WASHINGTON—U.S. President George W. Bush proposed a $2.57 trillion 
budget yesterday that would erase scores of programs and slice Medicaid 
health insurance and disabled housing — but still worsen federal 
deficits by $42 billion over the next five years.

In one of the most austere presidential budgets in years — one that 
faces precarious prospects in Congress — Bush would give nine of the 15 
cabinet-level departments less money in 2006 than they are getting this 
year.

Overall, he would cut non-security domestic spending — excluding 
automatically paid benefits like Medicare — by nearly 1 per cent next 
year. Bush said it was the first such reduction proposed by the White 
House since president Ronald Reagan's day.

Forty-eight education programs would be eliminated, including one for 
ridding drugs from schools.

In all, more than 150 government-wide programs would be eliminated or 
slashed deeply, including Amtrak subsidies, oil and gas research, and 
grants to communities hiring police officers.

Bush would slow the growth of benefit programs by $137 billion over the 
next decade, nearly quadruple the savings he proposed a year ago with 
little success.

Chief among the targets would be Medicaid, the federal-state program for 
the poor and disabled, but farmers' payments, student loans and veterans 
medical services were also on the chopping block.

"It's a budget that focuses on results," Bush told reporters. "The 
taxpayers of America don't want us spending our money into something 
that's not achieving results.''

Yet largely because of Bush's plans for a defence buildup, this year's 
Iraq and Afghanistan war costs, the budget shows that deficits over the 
five years ending in 2010 would total nearly $1.4 trillion.

That is $42 billion worse than they would be if the government continued 
current spending levels and made no tax-law changes, his budget tables 
showed.

ASSOCIATED PRESS


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