1. Welcome to Baptist Board, a friendly forum to discuss the Baptist Faith in a friendly surrounding.

    Your voice is missing! You will need to register to get access to all the features that our community has to offer.

    We hope to see you as a part of our community soon and God Bless!

Fuzzy Fiscal Restraint

Discussion in 'Political Debate & Discussion' started by KenH, Aug 5, 2005.

  1. KenH

    KenH Active Member

    Joined:
    May 18, 2002
    Messages:
    32,485
    Likes Received:
    0
    "...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
     
Loading...