Commuters may have to dig deeper into their pockets to get to work, farmers might have to work longer hours during the spring planting season and veterans could see a hike in health-care costs under the 2006 federal budget officially unveiled by President Bush on Monday.
Senate Majority Leader Bill Frist has requested a one-week delay in the introduction of a bill to create a $140 billion fund to replace asbestos lawsuits, so he could study its provisions, the author of the effort said on Monday.
Bush’s claim to cut government red ink in half over five years omits the cost of wars in Afghanistan and Iraq beyond Sept. 30. It reckons, implausibly, that neither he nor the Republicans who control Congress will want new tax cuts in future years.
President Bush says he has produced a “lean” $2.57 trillion spending plan that would promote his key goals of fighting terrorism and protecting the homeland while seeking to weed out ineffective government programs. But critics are complaining about the president’s priorities and charging that the budget is more notable for what has been left out.