Budget-07

The proposed Bush Budget for 2006 is being released. $427B debt est. As time passes, there will be a number of comments on it. I hope that there is a discussion of it. My proposal is to have a fully functional Forum and Poll area that allows the development of both a Lean budget and a Fully Funded budget. (overview) (Tables)

Off budget items

• Costs of War
  
• Change in Alternate Minimum Tax?
  
• Effect of making tax cuts permanent
  
• Effect of modifying Social Security
  
• Effect of tax "simplification"

. 1) The "Lean" budget would be a small as the Bush budget, but decrease some of the expenses and increase others to fund the programs that are better funded.

. 2) The "Fully Funded" budget would have the same debit as the Bush budget, but in addition to different funding of various programs it would also permit elimination of some of the tax give-backs to provide more money.

Links:

The Bush Budget Reflects The GOP's True Moral Values - Or Lack Of Them, -- The Left Coaster

A head fake, not a flip-flop. -- I would strongly caution everyone to interpret the news of massive cuts to farm subsidies in the president's budget proposal very, very skeptically. -- American Prospect

Bush's budget -- A brief overview of these cuts -- Daily Kos

Analysis 2006 United States Federal Budget (proposed) From dKosopedia, the free political encyclopedia.

Other:

The Liberal Agenda by The Readers of The American Prospect -- We’re taking suggestions: What does liberalism stand for?

It is stated that it is not true that "in theory the higher returns in private accounts would offset any benefit cuts."