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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (220015)	2/21/2007 3:05:47 PM
From: bentway	Respond to of 281500

Even the three years worth of off-budget Iraq war spending? Don't you KNOW when you're being flim-flammed Nadine?

To: Nadine Carroll who wrote (220015)	2/21/2007 4:49:30 PM
From: Mary Cluney	Respond to of 281500

That there is no need for new taxes, since government revenue is climbing faster than spending and the budget is projected to be balanced soon -- due to the capital gains tax cuts that he passed. The budget makes some stunning assumptions. It assumes that the pentagon will not have to spend a penny on the war in Iraq, Afghanistan, or anywhere else after 2008. There is no budget for taking care of wounded veterans that will require long term care. It also assumes drastic cuts in medicare and medicaid. And, of course all bets are off if the housing bubble bursts and the inverted bond yield curve predictions come true. The budget reads like a dotcom business plan. It is not fooling anybody.