The document the White House has submitted this week cannot be taken seriously as a budget. As vast and extensive as this budget seems, the Administration has omitted essential facts and data that will have enormous consequences for our fiscal future and our economy. There is not a dime in this budget to cover the costs of the wars in Iraq and Afghanistan, despite the fact that the CBO estimates the cost of these efforts in the coming years will exceed $200 billion. In addition, by stopping short and projecting five years ahead, the budget hides the full cost of the President's tax breaks. When you include the five years after the budget projections stop, the President's tax breaks will add trillions more to the national debt.By way of Atrios, who has a bit more of this quote if you're feeling up for a little more fire on the budget.Tom Daschle, Senate Democrat Leader
06 February 2004
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