SMRs and AMRs

Saturday, December 15, 2007

Bush's Budget Wins May Cost Him

Victories Over Democrats Could Increase Debt and Impede His Own Agenda

By Jonathan Weisman
Washington Post

As Congress stumbles toward Christmas, President Bush is scoring victory after victory over his Democratic adversaries. He has beaten back domestic spending increases, thwarted an expansion of children's health insurance coverage, defeated tax hikes, won funding for the war in Iraq and pushed Democrats toward shattering their pledge not to add to the federal deficit with new tax cuts or rises in mandatory spending.

But the cost of those wins could be high, both for the federal debt and for the president's own priorities.

Bush's steadfast stand against Democratic spending, coupled with his equally resolute opposition to tax increases, could raise the federal debt this fiscal year by nearly $240 billion. As Democrats struggle to meet his demands, they are jettisoning renewable-energy and conservation incentives that Bush championed, and they may ax some of his most cherished programs.

Even some Republicans bristle at the president's inflexibility. Bush has pledged never to sign bills with tax increases, even tax increases that he once supported.

"I see the president trying to play catch-up in two years for not vetoing anything in the first six years, and probably regretting that he treated the Republican Congress with softer gloves than he did a Democrat Congress," said Sen. Charles E. Grassley (Iowa), the conservative ranking Republican on the Senate Finance Committee. "He's kind of waking up to the necessity of having a certain policy that ought to be consistently followed, even if it's irrational."

(Continued here.)

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