linkage
About damn time.
Under fire from conservatives over record budget deficits in an election year, President George W. Bush will propose an effective freeze in the overall growth of government programs not connected to defense or homeland security, officials said on Thursday.
The White House cast the proposal as "the foundation" of a plan to cut the half-trillion-dollar deficit in half over the next five years, hoping to dispel doubts in some Republican circles about Bush's commitment to fiscal restraint.
In the fiscal 2005 budget he will send to Congress on Feb. 2, aides said Bush would call for limiting growth in non-defense, non-homeland security discretionary spending to less than 1 percent -- the lowest rate of growth since the first President Bush in fiscal 1993.
With inflation running below 2 percent, government programs subject to the new cap would face the budgetary equivalent of a freeze or cut in spending from levels set in fiscal 2004. But the proposal would only affect about one-sixth of all federal spending, budget analysts said. Discretionary spending does not include automatic payments such as Social Security and Medicare.
About damn time.
