Bush's Reverse Robin Hood Budget

The latest Bush Administration smoke and mirror exercise is their Federal Budget proposal. Re. Social Security: Bush is trying to use the budget to sneak through his old $700 billion dollar plan to privatize Social Security and immediately slash benefits by $6.3 billion dollars. Re. Health Care: Bush would slash Medicaid by $13.7 billion over 5 years, abandoning millions of young, elderly, poor and disabled Americans who depend on Medicaid as their health care option of last resort. Re. Education: Bush is pushing for the largest cut in the history of the Department of Education, and to completely eliminate the Perkins loan, a vital program for college students in need. Re. Child care: Bush wants to kick 400,000 children out of child care programs for low income working families. Re. Budget busting tax breaks for the rich: Bush's budget would only continue to explode the deficit by giving away over $900 billion dollars to richest 1% of the population over 10 years. The result will drive up the deficit. Bush wants to give so much away to millionaires that even after his service cuts the annual deficit would grow by almost $200 billion dollars.