Bush's Budget Wins May Cost Him
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As Congress stumbles toward Christmas, President Bush is scoring victory after victory over his Democratic adversaries. He has beaten back domestic spending increases, thwarted an expansion of children's health insurance coverage, defeated tax hikes, won funding for the war in Iraq and pushed...
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President Bush's proposed federal budget is based on too-rosy revenue estimates and would probably not produce its advertised surplus of $61 billion in five years, according to new estimates from the Congressional Budget Office.
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Despite President Bush's promise to spend  $9 billion on reconstruction contracts in Iraq in coming  months, administration and congressional officials said on  Thursday it could take more than a year to pay out that much  money.
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The Bush administration's winning streak in getting Congress to go along with trade agreements may be in trouble, particularly if Democrats make the gains predicted for them in November's election.
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resident Bush will chalk up a victory on a contentious labor issue on Monday, but Democrats intend to work overtime to make him pay a political price.
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President Bush has a long list of promises to keep, and even with an expanded Republican majority in Congress, it's unlikely he can have them all.
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P resident Bush seemingly wants to have it both ways in his final budget -- he wants the federal workforce to grow but he doesn't want the federal payroll to grow too much.
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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's 2008 budget request includes $624.6 billion in defense spending and marks the first time he has offered an estimate of how much the wars in Iraq and Afghanistan will cost a year in advance.
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President George W. Bush will on Monday unveil a $3 trillion budget that likely will spark anew the wrangling between the White House and the Democratic-led Congress over Iraq war funding, tax cuts and the sagging economy.
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The U.S. government is at risk of squandering significantly more money in an Iraq war and reconstruction effort that has already wasted or otherwise overcharged taxpayers billions of dollars, federal investigators said Thursday.
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President George W. Bush said on Saturday that his upcoming budget proposal would emphasize restraint on domestic spending while putting defense and war costs for Iraq and Afghanistan as the top priority.
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President George W. Bush would veto a broad budget bill under consideration by the U.S. Congress if it does not contain money for the Iraq war, his spokeswoman said.
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President Bush, poised to submit his new budget to Congress next week, warned Saturday that unless programs like Medicare and Social Security are changed, future generations will face tax hikes, government red ink or huge cuts in benefits.
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At their national convention, Republicans were short on specifics on how to pay for an economic agenda in a second Bush administration. One reason is that President Bush could end up having to back a tax increase, just as his father did. But nobody wanted to spoil the Madison Square Garden party by mentioning such unpleasantries. After all, Republicans are insisting that Democrat John Kerry is the candidate who will increase taxes.
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Michael Leavitt, President Bush's choice to be secretary of Health and Human Services, may have to cut billions of dollars from the government's mammoth health programs for the elderly, poor and disabled to pare the budget deficit.
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One major unmentioned entry in President Bush's new budget is luck. Luck that the economy keeps growing, that corporate profits remain robust, that inflation stays tame and that foreigners keep lending the U.S. money. Otherwise, the numbers don't add up.