Friday :: Feb 27, 2004

Bush Five-Year Budget Plan Would Slash Veterans and Family Nutrition Programs, Among Others, To Pay For Tax Cuts

by Steve

After a fairly exhaustive analysis of the Presidentís proposed budget and his five-year spending plans, the Center for Budget and Policy Priorities today released a series of analyses that show what a second Bush Administration is likely to bring us:

By 2009, funding for non-entitlement programs in areas such as national resources and the environment, veteransí health benefits, health, and agriculture would be 10 percent to 20 percent below the 2004 funding levels, adjusted for inflation. Transportation programs, as well as education, training, and social services programs, would be cut by 7 to 8 percent over this period.

And would these cuts help in shrinking the deficit, as Bush has said he will do over the next five years? Nope.

Moreover, the Office of Management and Budgetís own documents show that the Administrationís proposed tax cuts would cost more than these and other budget cuts would save. As a result, the cuts in domestic discretionary (i.e., non-entitlement) programs would be used to help finance tax cuts, not to shrink the deficit.

Bush would cut Title I and special education monies, slash veteransí health benefits, the Women/Infants/Children and Head Start programs, housing voucher, and Clean Water programs by significant amounts to levels below where they are at today, adjusted for inflation.

Of course, the Administration kept this information as quiet as they could from their original budget rollout back on February 2:

The proposed cuts for years after 2005 have received little attention because the Administration omitted the budget levels after 2005 for all budget accounts from the budget volumes it issued on February 2. For a number of years, these figures have been a standard part of the budget books made widely available to the media and the public. The proposed cuts for years after 2005 can be found only in a more technical 1,000 page budget document that OMB has provided to the House and Senate Budget Committees and the Congressional Budget Office.

If the cuts go through, discretionary domestic spending would fall to their lowest levels as a percentage of GDP since 1963.

Steve :: 7:17 AM :: Comments (12) :: Digg It!