Tough US budget expected in drive to cut deficit:
The White House is expected to present a tough budget to Congress next month, aimed at signalling George W. Bush's commitment to cutting the federal deficit over his second term.
The budget, the start of this year's financial negotiations with Congress, will seek to follow up Mr Bush's campaign promises with a freeze on discretionary spending other than on defence and homeland security.
It will be amazing if Pres. Bush is able to cut the deficit, what with his proclivity for signing spending bills.
No comments:
Post a Comment