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  • From: Gene GeRue <genegerue AT ruralize.com>
  • To: "homestead AT lists.ibiblio.org" <homestead AT lists.ibiblio.org>
  • Subject: [Homestead] Budget savings: one month's expenses in Iraq
  • Date: Fri, 04 Nov 2005 07:57:01 -0600

Pay attention people, this is just another part a pattern that has become obvious with this administration: whack the poor and help the rich.

Senate Passes Plan to Cut $35 Billion From Deficit
By Jonathan WeismanWashington Post Staff Writer
Friday, November 4, 2005; Page A01
The Senate approved sweeping deficit-reduction legislation last night that would save about $35 billion over the next five years by cutting federal spending on prescription drugs, agriculture supports and student loans, while clamping down on fraud in the Medicaid program.
The measure would also open Alaska's Arctic National Wildlife Refuge to oil drilling, a long-sought goal of the oil industry that took a major step forward after years of political struggle. A bipartisan effort to strip the
The Senate bill, which passed 52 to 47, is the first in nearly a decade to tackle the growth of entitlement spending, the part of the federal budget that rises automatically based on set formulas and population changes.
It would shave payments to some farmers by 2.5 percent, while eliminating a major cotton support program and trimming agriculture conservation spending. A proposal to limit payments to rich farmers failed yesterday.

http://www.washingtonpost.com/wp-dyn/content/article/2005/11/03/AR2005110300999.html



  • [Homestead] Budget savings: one month's expenses in Iraq, Gene GeRue, 11/04/2005

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