TRILLIONS FOR TAX CUTS AND PRIVATIZING SOCIAL SECURITY: Don't believe the fiscal responsibility hype. That isn't what's motivating the budget cuts. The administration is pushing to add trillions to the deficit to push its ideological agenda of privatizing Social Security and extending tax cuts for the very rich. Vice President Cheney acknowledged yesterday that " trillions of dollars in future borrowing may be needed to cover the cost of private retirement accounts (http://story.news.yahoo.com/news?tmpl=story&cid=615&e=5&u=/nm/20050206/pl_nm/retirement_borrowing_dc) ." Bush is also pushing to extend his tax cuts for the wealthy (http://www.kansascity.com/mld/kansascity/news/politics/10834337.htm) at a cost of $2 trillion over the next nine years (http://www.brookings.edu/views/op-ed/gale/20040121taxcuts.htm) . The bottom line: President Bush's promise to cut the deficit in half by 2009 is a fantasy (http://story.news.yahoo.com/news?tmpl=story2&u=/latimests/20050207/ts_latimes/bushsdeficitplanisallinthemath) .
JOB TRAINING CUT BY $500 MILLION: At a time when overseas outsourcing has left many American workers -- especially in the manufacturing sector -- out of work, President Bush will propose cutting federal spending on job training (http://online.wsj.com/article/0,,SB110765539283746901,00.html?mod=home_whats_news_us) by a half-billion dollars. Federal job training programs, including dislocated-worker training, will be cut by $200 million. Federal aid to states for job training, including funding to train veterans, will be cut by $300 million.
FUNDING FOR POLICE AND FIREFIGHTERS SLASHED: On 2/2/02, President Bush appeared at the New York Police Department Command Center and said, "Police and firefighters of New York, you have this nation's respect, and you'll have this nation's support (http://www.whitehouse.gov/news/releases/2002/02/20020206-3.html) ." Three years later Bush is seeking to decimate vital funding for police officers and firefighters (http://www.thestate.com/mld/thestate/news/nation/10829728.htm) . The administration's budget is expected to reduce federal grants to local police forces from $600 million to $60 million. Grants to local firefighters would be cut by $215 million dollars.
DRUG CO-PAYMENTS FOR VETERANS DOUBLED: The Bush administration's idea of fiscal responsibility is making veterans pay more for medication. The Bush budget " would more than double the co-payment charged to many veterans for prescription drugs (http://www.nytimes.com/2005/02/07/politics/07budget.html) and would require some to pay a new fee of $250 a year for the privilege of using government healthcare." Richard B. Fuller, legislative director of the Paralyzed Veterans of America, calls the $250 fee "a health care tax, designed to raise revenue and to discourage people from enrolling."
BIG CUTS IN BIOTERRORISM PROTECTION: On 6/12/02, President Bush told the American people, "bioterrorism is a real threat to our country...It's important that we confront these real threats to our country and prepare for future emergencies. Protecting our citizens against bioterrorism is an urgent duty of...American governments. (http://www.whitehouse.gov/news/releases/2002/06/20020612-1.html) " Now, Bush's budget will cut a "range of public health programs, including several to protect the nation against bioterrorist attacks (http://www.nytimes.com/2005/02/05/politics/05cuts.html) and to respond to medical emergencies." Funding for the Centers for Disease Control and Prevention (CDC) would be reduced by 9 percent under Bush's plan. Specifically, "the public health emergency fund of the [CDC], which helps state and local agencies prepare for bioterror attacks, would be cut 12.6 percent."
LEAVING THE POOR IN THE COLD: Prices for home heating oil are skyrocketing. Nevertheless, Bush's budget proposes cutting the Low-Income Home Energy Assistance program (http://www.nytimes.com/2005/02/05/politics/05cuts.html?pagewanted=2) (LIHEAP), which helps people pay their heating bills, by 8.4 percent. At last year's funding levels, only one-sixth of low-income families who qualified for the program were able to receive assistance (http://www.kansascity.com/mld/kansascity/news/local/10306350.htm) . Last year's funding for LIHEAP was 23 percent lower than in 2001 (http://www.cbpp.org/11-19-04bud.htm) . For continually updated information on the Bush administration's budget, check out our 2006 Budget page (http://www.americanprogress.org/site/pp.asp?c=biJRJ8OVF&b=307118) . |