Fuzzy Fiscal Restraint

Discussion in 'Politics' started by KenH, Aug 5, 2005.

  1. KenH

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    May 18, 2002
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    "...But the new numbers don't change the fact that George W. Bush is the still biggest-spending president since Lyndon Johnson, even after adjusting for inflation.

    The revised numbers show the White House's "spending restraint" allowed a 7.9 percent rise in federal spending in fiscal 2005. They also predict that the budget for 2006 will grow by 5.7 percent, over twice as fast as the White House expects inflation to grow. With restraint like that, who needs big spenders?...

    For starters, the White House assumes government spending grow will grow only 4.4 percent a year for the next four years. But Bush has presided over average growth of 7.3 percent since taking office...."

    - rest at LINK

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