President Bush released his plans for the ’08 – ’09 national budget today (the fiscal year begins October 1). Naturally, Bush is confused about what ‘spending’ actually means. For the first time in our nation’s history the budget will exceed 3 trillion dollars.
And, true to form, Bush left people in favor of social programs wanting with cuts in education, Medicare and Medicaid, among others.
Mr. Bush said he would cut or terminate 151 programs, saving $18 billion in 2009. One agency, the Education Department, accounts for 47 of the terminated programs and three of the programs to be cut. But he would increase spending in areas that fall under the umbrella of â€œnational security.â€
Bush is also suggesting the Pentagon receive a 7.5% increase in their budget, which brings it to $515.7 billion dollars. For those of you ninjas who don’t do that math stuff that means they account for 17% of our total budget (this does not include the ‘Raq).