Bush says budget will limit non-defense spending

We can reasonably expect the left to seize on these numbers and create false analogies inwhere we could irradicate hunger, homelessness, etc. I’m sure there will be more to follow…

By Caren Bohan

WASHINGTON (Reuters) – 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.

“Cutting the deficit during a time of war requires us to restrain spending in other areas,” Bush said in his weekly radio address.

Previewing the fiscal year 2008 budget he will unveil on Monday, Bush also said it would show that his goal of erasing the deficit by 2012 could be accomplished while making his tax cuts permanent.

“Congress needs to make this tax relief permanent, so we can keep America’s economy growing. Pro-growth economic policies also play a vital role in our plan to balance the federal budget,” he said.

“Our growing economy has produced record levels of tax revenue. This increase in tax revenue has helped us cut the deficit in half three years ahead of schedule,” he added. “On Monday, we will take the next step when I submit to Congress a budget that will eliminate the deficit by 2012.”

An administration official has said that the president will request a total of $245 billion to finance the wars in Iraq and Afghanistan through late 2008. That will include a $100 billion request for the wars for the rest of the current fiscal year that ends on September 30 and $145 billion for next year.


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