Sunday, February 12, 2006

How much will it cost us?

National Priorities Project Bulletin


Check figures for Bush's Budget and Cost of Iraq War

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The Bush administration released its budget request for fiscal year 2007 on February 6th. It proposes deep cuts in domestic programs, totaling a $15 billion loss in non-security domestic discretionary spending.


NPP has just released "The President's Budget: Impact on the States," which provides a brief publication for each state with an overview analysis and local numbers showing the impact of the proposed budget. The publication addresses seven different programs or issue areas: food and nutrition; community development; the environment; Head Start; Low-Income Home Energy Assistance Program (LIHEAP); education and community policing.


To find your state, click here.


While the administration claims that the proposed cuts are necessary to reduce the deficit, the budget would make the 2001-2003 tax cuts permanent, which would reduce revenues by $1.7 trillion over the next decade. The budget also does not include complete funding for the Iraq or Afghanistan wars, which could add another $70 billion to the deficit. Excluding war spending, the Defense Department budget would increase by 7 percent.

Breakdowns of the cost of the Iraq War by state are included in this release.

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