Joshua Bolton, director of the Office of Management and Budget, speaks before the House Committee on Ways and Means, on the President’s proposed 2006 budget.
Bolton says the President’s budget will make more than 150 reductions which will save about $20 billion in 2006 alone. Bolton claims that even with increases in defense and homeland security, the growth of overall discretionary spending will still be under the rate of inflation. (:36)
February 9, 2005
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- Sharon Parrot, Director of the Welfare Reform and Income Support Divisions at the Center on Budget and Policy Priorities, states during a conference call concerning the report "President’s budget would cut deeply into important public services and adversely affect states," that President’s priorities are clearly implied in his new budget.
- CPAC 2007: Gov. Mitt Romney points out that U.S. has seen an embarrassing spike in non-defense discretionary spending.
- Senator Kent Conrad (D-ND) warns about the expenditures that President Bush’s Budget Proposal leaves out.
- Plans underway to reshape military spending
- Congressman John Spratt (D-SC), says there is still a significant amount of tax cuts in the United States, despite of its huge gaping deficits.
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