Bush, Kerry Economic Budgets Exceed $1T
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WASHINGTON - President Bush and Democratic Sen. John Kerry have starkly different economic priorities with a common thread: price tags exceeding $1 trillion that could pump already huge deficits skyward over the next decade...
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The White House said on Monday for  the first time that President Bush's plan to add personal  retirement accounts to Social Security would be financed in  part by new government borrowing that could top $1 trillion.
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George W. Bush took a double-digit lead in what had been a neck-and-neck presidential election contest, prompting Democratic challenger John Kerry to refocus his campaign on bread-and-butter economic issues, where the Republican incumbent president is considered vulnerable.
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President Bush and Sen. John Kerry feuded Thursday over the nation's economy, with the Republican incumbent boasting about the impact of his "well-timed tax cuts" and his Democratic rival bemoaning a new report of rising poverty.
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President George W. Bush and Democratic rival John Kerry are inviting voters to a &quot;free lunch&quot; before sticking them with a 1.3-trillion-dollar bill, a new analysis says.
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The record $3.1 trillion budget proposed by President Bush on Monday would produce eyepopping federal deficits, despite his attempts to impose politically wrenching curbs on Medicare and eliminate scores of popular domestic programs.
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Mr Bush and Mr Kerry accused each other of being profligate spenders of the country&#39;s fiscal budget. Mr Kerry said he was a fiscal conservative who supported the &#39;pay-as-you-go&#39; system of balanced spending and revenues.
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President Bush proposed $56 billion in Education Department funding, level with his proposal for the current fiscal year but 3 percent less than what Democrats are expected to approve for this year. He also sought about $1 billion in new spending related to the landmark No Child Left Behind law.
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President Bush's defense budget request of $481.4 billion -- an 11 percent boost over last year -- pushes U.S. defense spending to levels not seen since the Reagan-era buildup of the 1980s.
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Democratic presidential nominee John Kerry promised to cut in half the size of the US budget deficit in his first term in office and accused the administration of President George W. Bush of conducting an irresponsible fiscal policy.
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U.S. construction spending rose 1.1  percent in December, topping expectations, as private  residential spending jumped to a record high, a government  report showed on Tuesday.
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President Bush and John Kerry have accepted &#36;75 million each in government financing for their campaigns for the White House but tens of millions more will be spent by the parties and partisan interest groups to influence the race.
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President Bush held a one-point lead over Democratic rival John Kerry nationwide but Kerry gained a slight advantage in the showdown state
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Tech industry political action committees and employees from computer and Internet companies have contributed just over $1.6 million to President George Bush, and almost the same amount to Democratic challenger Sen. John Kerry.
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Budgets are tight in Washington and in Boston. President Bush's proposed $2.57 trillion budget calls for only a 3.6 percent increase in spending. Governor Romney's $23.2 billion budget plan envisions only a 2.4 percent spending rise.
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President Bush said he raised the child tax credit by &#36;1,000, when in fact his tax package did half that much. And not even a fresh jobs report could make John Kerry get it right when he talked about employment losses under the president.
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President George W. Bush and his Democratic rival for the White House, John Kerry, clashed over the Iraq war and the US economy as a new poll showed Kerry falling behind in public ratings.