this week the House is on the verge of passing a $2.3 trillion budget with a $521 billion deficit, showing that it is impossible to finance three wars with three tax cuts and expect a different result. This budget repeats the same mistakes that have resulted in a jobless economy and a wage recession in America, the lowest wage growth in any period of time in a period of economic ``growth.'' The Republican budget continues the status quo policies that have resulted in 22 million Americans who have lost their jobs, 43 million Americans without health care, 4 more million Americans since the President took office, 2 more million Americans in poverty who walked out of the middle class into poverty, wages frozen, and $1 trillion in corporate and individual bankruptcies. Three years, $3 trillion dollars added to the Nation's debt, and 3 million Americans have lost their jobs. What a record. During the 2000 presidential campaign, President Bush said he opposed nation-building. Who knew it was America he was talking about? This budget, the President's economic policy, is really a tale of two budgets: one for America and one for Iraq. We have spent more than $100 billion on Iraq's occupation without promising the same future here at home. In Iraq they get universal health care and free job training, while in America 44 million Americans go without health care, 10 million children without health care, and 8.2 million Americans without jobs.
Editor's note · Context
Addressing the implications of the proposed budget and its impact on the American economy and citizens.
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