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Fantasyland tmoves to theWhite House
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[QUOTE]Originally posted by Jay the Obscure: [QB] [URL=http://www.bloomberg.com/apps/news?pid=20601087&sid=a0E9zeEmxdkQ&refer=home]ush Boosts Defense, Trims Medicare in Record Budget (Update3) [/URL] [QUOTE]eb. 5 (Bloomberg) -- President George W. Bush sent Congress a record $2.9 trillion spending blueprint for the coming year that seeks billions in savings from Medicare and Medicaid, boosts defense spending 12 percent and projects a surplus in five years. Bush's budget, his first to a Congress controlled by Democrats, reflects the priorities of his presidency: the war in Iraq and homeland security. It also lays out a menu of politically perilous cuts affecting the poor, the elderly and the disabled. The budget for the year beginning Oct. 1 boils down to an opening offer to Congress in the haggling over how much money will be available for hundreds of programs. Democrats already are greeting the package skeptically. They likely will challenge Bush on several fronts, criticize omissions such as long-term costs for Iraq and rewrite the plan to suit their own priorities in a year leading into presidential elections. ``I doubt that Democrats will support this budget, and frankly, I will be surprised if Republicans rally around it either,'' Representative John Spratt, a South Carolina Democrat and chairman of the House Budget Committee, said in a statement. [/QUOTE] [/QB][/QUOTE]
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