The President's 2007 Budget: A Preliminary Analysis
The President's 2007 Budget: A Preliminary Analysis, 2/6/06
An administration's budget is a statement of its priorities.
This budget's priorities are clear: it features cuts in numerous domestic programs that serve low- and middle-income families alongside continued --- and substantially expanded --- tax cuts of very large size that concentrate their benefits on people high on the income scale.
The budget conceals or omits information essential to assessing its impacts on deficits and on programs and services that affect millions of Americans.
The $192 billion total includes the increased interest payments on the debt that would have to be paid because of the effects of the Administration's proposals in increasing deficits and debt.