Facebook Twitter Email
TUESDAY, FEBRUARY 4, 2003

President Bush on Monday rolled out a $2.23 billion budget built on increased defense spending, tax cuts and a deficit.

Spending for domestic programs was largely flat with increases targeted in specific areas. The deficit is forecast at $307 billion for fiscal year 2004.

Democrats in Congress said the proposal was fiscal irresponsibility at its worst. Republicans were more welcoming but some are questioning the permanent tax cuts, which will contribute to the deficit.

Get the Story:
Budget Includes Record Deficit (The Washington Post 2/4)
Bush Budget Would Shrink Federal Revenue (The Washington Post 2/4)
In 2003, It's Reagan Revolution Redux (The Washington Post 2/4)
Department Breakdown (The Washington Post 2/4)
Bush's $2.2 Trillion Budget Proposes Record Deficits (The New York Times 2/4)
For Republicans, Praise for President's Budget Is Selective (The New York Times 2/4)
Laying Out 'Big Ideas,' Not Balancing Ledger (The New York Times 2/4)
Username: indianzcom, Password: indianzcom

Relevant Links:
Fiscal Year 2004 Budget, White House Office of Management and Budget - http://www.whitehouse.gov/omb/budget/fy2004/budget.html

Related Stories:
Bush rolls out $2.25 trillion federal budget (2/3)