Georgie Down Plays Need for Plan on Deficit



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Topic: Politics > Politics-USA
User: "Harry Hope"
Date: 15 Dec 2003 05:31:38 PM
Object: Georgie Down Plays Need for Plan on Deficit
From Reuters, 12/15/03:
http://story.news.yahoo.com/news?tmpl=story&cid=568&ncid=749&e=6&u=/nm/20031215/bs_nm/economy_bush_dc

Bush Down Plays Need for Plan on Deficit
By Adam Entous
WASHINGTON (Reuters) -
Despite market volatility and pleas from his own conservative base,
President Bush on Monday brushed aside the need to propose a more
concrete plan to reduce record federal budget deficits.
Bush also would not rule out proposing new tax cuts, which could add
to a deficit already expected to top $500 billion this fiscal year.
"We'll see," he told a news conference.
When asked about the U.S. dollar's fall in value and market concerns
about the deficit, Bush said:
"We certainly need to send a signal to the capital markets that we're
going to maintain spending discipline."
But he offered no specifics.
_________________________________________________________
Why, of course. Everybody knows that the deficit's just gonna melt
away if ya just give another tax cut to the rich and walk away. Just
pay no attention to that mean ole, nasty ole deficit.
Harry


.

User: "Tabernacle"

Title: Re: Georgie Down Plays Need for Plan on Deficit 15 Dec 2003 10:42:51 PM
Harry Hope <rivrvu@ix.netcom.com> wrote in message news:<m2hstv495713peska84772arv5j1ghl779@4ax.com>...

From Reuters, 12/15/03:
http://story.news.yahoo.com/news?tmpl=story&cid=568&ncid=749&e=6&u=/nm/20031215/bs_nm/economy_bush_dc

Bush Down Plays Need for Plan on Deficit

By Adam Entous

WASHINGTON (Reuters) -

Despite market volatility and pleas from his own conservative base,
President Bush on Monday brushed aside the need to propose a more
concrete plan to reduce record federal budget deficits.

Bush also would not rule out proposing new tax cuts, which could add
to a deficit already expected to top $500 billion this fiscal year.

"We'll see," he told a news conference.

When asked about the U.S. dollar's fall in value and market concerns
about the deficit, Bush said:

"We certainly need to send a signal to the capital markets that we're
going to maintain spending discipline."

But he offered no specifics.

_________________________________________________________

Why, of course. Everybody knows that the deficit's just gonna melt
away if ya just give another tax cut to the rich and walk away. Just
pay no attention to that mean ole, nasty ole deficit.

Harry

And if you think them new tax breaks for the super rich is going to
add to the FBD Harry,then just imagine what is going to happen in a
few years when the hundreds of billions of dollars them Bushies are
now Stealing out of Social Security to cover the Deficit dry up and go
away?
***** Man at that point we will be seeing One Trillion Plus Federal
Budget Deficits(and likely much higher than that) as far as the eye
can see!
.


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