Text 4956, 77 rader
Skriven 2007-07-09 23:30:54 av Whitehouse Press (1:3634/12.0)
Ärende: Press Release (0707092) for Mon, 2007 Jul 9
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Setting the Record Straight: Democrats Are Proposing Billions in
Unnecessary Government Spending
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For Immediate Release July 9, 2007

Setting the Record Straight: Democrats Are Proposing Billions in
Unnecessary Government Spending No Nation Has Ever Taxed And Spent Its Way
To Prosperity

ÿÿWhite House News

ÿÿÿÿÿ Setting the Record Straight

"Democrats are at it again.ÿ They want to fatten the upcoming Federal
budget by $22 billion, saying it will have 'virtually no difference on the
deficit.'ÿ No difference except $205 billion in additional spending over
the next five years.ÿ No difference except the largest tax increase in
history.ÿ No difference other than taking more of your earnings, so you'll
have to work longer to pay the bills.ÿ The President won't stand for that.ÿ
He'll veto any bill that doesn't hold the line on spending and achieve his
goal of balancing the budget in the next five years."

 White House Press Secretary Tony Snow, 7/9/07

Rep. David Obey (D-WI) claims additional spending proposed by the Democrats
would have "virtually no difference on the deficit."ÿ(Brendan Murray and
Brian Faler, "Bush, Democrats Seek 'Very Big Fight' With Each Other On
Budget," Bloomberg, 7/9/07)

The Democrats' Spending Proposals Are Significant And Excessive
  þ The Democrats propose spending $22 billion more than the President's
    Budget requested for FY 2008, which is an increase in discretionary
    spending of more than 9 percent over last year or three times the rate
    of inflation.ÿThis stands in contrast to the President's Budget, which
    restrains the growth of annual domestic spending while investing in
    national priorities like security, energy, health care, and education.
      þ The Democrats propose $205 billion in additional domestic spending
        over the next five years.ÿ
      þ The Democrats' proposal adds to the $17 billion in unrequested
        spending they added to the war supplemental.
  þ The Democrats' proposal includes the largest tax increase in
    history.ÿFailing to extend the President_s tax relief means working
    families will face higher taxes.
  þ Despite their earlier rhetoric, the Democrats' proposal does nothing to
    address the Nation's greatest long-term budgetary challenge  the
    unsustainable and uncontrolled growth in entitlement programs like
    Medicare and Social Security.ÿThe Democrats' abdication of
    responsibility in this area makes it even more important to exercise
    restraint in annually appropriated discretionary spending.

The President's Agenda Will Help Keep America's Economy Strong, Flexible,
And Dynamic
  þ President Bush's FY 2008 Budget lays out a detailed plan to balance the
    budget by 2012 while keeping taxes low. ÿThe President's Budget keeps
    annual spending under control and begins to address the unsustainable
    growth in entitlement programs. ÿ
  þ Strong economic growth has helped produce record levels of tax revenue,
    which is helping reduce the Federal deficit and meet our goal of a
    balanced budget.ÿRecord tax revenues helped us reach the President's
    goal of cutting the deficit in half three years ahead of schedule.
    ÿReceipts have increased nearly 35 percent since the tax relief was
    fully implemented in 2003, and the deficit has declined by $165 billion
    in the last two years.
  þ The President will veto appropriations bills that threaten deficit
    reduction with overspending.ÿ The Administration supports the
    responsible spending level outlined in the President's FY 2008 Budget
    to achieve the goal of a balanced budget by 2012.

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