The National Priorities Project has prepared the following information about the new Bush Budget for Fiscal Year 2009—which will have the highest levels of military spending budget since World War II.
While ensuring tax cuts stay permanent and military spending grows by five percent, the President’s budget for Fiscal Year 2009 proposes deep cuts in an array of domestic programs that impact needy communities and low- and middle-income families. For NPP’s budget overview and state-level analysis,
click here. State-level breakdowns show the impact of the proposed cuts in the following programs: Child Care and Development Block Grants, Community Development Block Grants, Improving Teacher Quality State Grants, Low-Income Energy Assistance Program, Section 8 Housing Choice Vouchers and the Social Services Block Grants.
Under the President’s budget, military spending would reach $541 billion in Fiscal Year 2009, including nuclear weapons. At the highest level since World War II, this amount of military spending does not include the proposed $70 billion for partial war funding next fiscal year. The President’s tax cuts would also be made permanent under the proposed budget with the wealthiest 20 percent receiving 74 percent of the benefit.
“This budget is painfully out of line with the public’s priorities,” said Greg Speeter, spokesperson for the National Priorities Project. “The President seems determined to turn all the good the government does on its head and leave generations of Americans behind in the process.”
To find out how your state will be impacted under the President’s proposed budget,