Bush on Fiscal Policy: Born Again, Again?
by Adam Hughes*, 11/15/2007
I've been thinking about President Bush's actions this week on fiscal policy, and I've got to admit, I'm pretty darn confused. Let's review:
- Bush vetoed the $150.7 billion Labor-HHS-Education appropriations bill, which contained a 4.3 percent increase in funding, for containing too much spending, but signed the $471 billion Defense appropriations bill, which had a 9.5 percent increase in funding. Bush has also been pressuring Congress to approve an additional $197 billion in "emergency" war funding. Huh?
- Bush has vowed to veto the AMT patch bill moving (slowly) through Congress because it is fiscally responsible and doesn't add to the deficit. Wait, what?
