| FOR IMMEDIATE RELEASE FEBRUARY 22, 2005 6:50 PM | CONTACT: Oakland Institute Anuradha Mittal, (510) 469-5228 |
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A Mean Budget: Bush's Proposed Budget Fails America's Working Poor
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OAKLAND, CA --February 22 -- On February 7, 2005 President Bush sent a nearly $2.6 trillion federal budget to the Congress. "It's budget that sets priorities," Bush said after meeting his Cabinet. "It's a budget that reduces and eliminates redundancy. It's a budget that's a lean budget." The 2006 spending plan calls for draconian cuts (the biggest cuts in domestic expenditures since the Reagan years) that hurt the poor, subjecting many food stamp recipients, farmers, veterans, and small-business owners to Bush's knife. And yet, it still worsens federal deficits by $42 billion over the next five years. At best, the proposed budget can only be called a mean budget. A Mean Budget provides a glimpse into Bush administration's priorities. To read the complete article, please click Here. About the Oakland Institute: The Oakland Institute is a non-partisan think tank utilizing research, analysis and advocacy to promote and ensure public participation and fair debate on critical economic and social policy issues that affect peoples' lives. ### | |