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Massachusetts Liberal

Observations on politics, the media and life in Massachusetts and beyond from the left side of the road.

Monday, February 05, 2007

Billions for defense, but not one cent for us

The disconnect between George Bush's words and deeds are on graphic display in the $2.9 trillion plan he submitted to Congress today.

The plan, most likely dead on arrival in a Congress controlled by Democrats, calls for a $245 billion in NEW spending for wars in Iraq and Afghanistan and another $374 billion in NEW tax cuts over the next five years.

But Bush now also apparently embraces fiscal responsibility (as long as he can use it against the Democrats) so he calls for a balanced budget in five years, paid for in part by a $96 billion cit in Medicare and Medicaid spending over those same five years.

It is important at this point to note that Bill Clinton left Bush with a $127 billion surplus in 2001, which Bush has squandered through a misguided war and tax cuts for the richest 1 percent.

For Massachusetts, the proposed health care spending cuts alone would chop $424 million over five years for hospital-based services, despite the fact the federal government already pays less than 100 percent of the costs to care for the elderly, disabled and poor.

One of the greatest fallacies of Bush-o-nomics is that Republicans are looking to shackle runaway spending. They accomplish this ruse by carefully hiding the billions spent overtly (and covertly) to pursue two wars that have killed thousands of Americans and Iraqis, shattered our image across the planet and -- in tandem with reckless tax cuts -- will shackle our grandchildren and great-grandchildren with massive debts.

Bush is well on course to add fiscal bankruptcy to the moral bankruptcy for which his administration stands.

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