President Bush and his Budget

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The documents alone weigh nearly eleven pounds, and President Bush’s 2005 budget is drawing an equally heavy political response.

Democrats and some Republicans have tough words for the President’s spending plans. Some find fault with what has been left in — big spending on the military and homeland security, and permanent tax cuts. Others criticize what has been left out — that is any estimate for the cost of continued fighting in Iraq and Afghanistan. But most criticism has to do with the budget’s bottom line — large and growing deficits far into the future.

But while some question the President’s math, others are praising his commitment to cutting domestic programs and investing in the defense of America at home and abroad.

Guests:

Stan Collender, General Manager of the Washington Office of Financial Dynamics

John Kasich, Republican Congressman from Ohio from 1983-2000, former Chair of the House Budget Committee

Congressman Mike Pence of Indiana.