Tuesday, February 01, 2005

Show Me the Money Mr. Bush

I was reading some articles today about the Presidents' new budget proposals. He has proposed a virtual spending freeze on anything not related to national security. While I do think it's about time he started acting responsibly about the deficit and the effect it will have on our economy, I also read about some of the programs that will suffer next year. One of these programs is called the millennium Challenge Account, or MCA. The MCA was created by this administration as a way to reward countries who make strides to attain democracy, freedom, human rights and governments who successfully help the poor, sick and disadvantaged in their country. If a government is shown to meet certain standards of improvement in these areas, we reward them with money to aid development and technology in that country. It sort of goes along with the UN and their millennium Goals to fight poverty and the spread of disease. When the Prez. created the fund, he promised initial funding of 6 billion dollars. As of today, over eleven countries have met the standards and should be receiving money. None of them have. Furthermore, as part of his FY06 budget, the President is actually granting the MCA less than 3 billion dollars, half of what he promised. I guess we shouldn't be surprised, after all this President loves to pass acts and create programs without planning on how to pay for them. On glaring example is No Child Left Behind. The really discouraging thing in this situation is in countries like Bolivia (one country that did meet the standards of improvement) 3 billion dollars can do so much! I guess this President didn't take his own inauguration speech to heart, maybe the words were too complicated or something.

4 Comments:

At 9:42 PM, Blogger Unknown said...

Alli, I'm glad you pointed this out. This is something that easily goes under the radar when you talk about the budget. Do you have any links to articles you read on this?

 
At 8:43 AM, Anonymous Anonymous said...

I think the words and the math are too difficult for the President, but in particular the math. I suspect little George was not paying attention when his teacher was showing the class how place value works in our number system. "It's hard!" he would often say.

 
At 3:58 PM, Anonymous Anonymous said...

Write a new post already...

 
At 7:02 AM, Blogger Snave said...

It never ceases to amaze me how Bush is able to get folks to go along with his latest idea, and how once it gets approved there isn't money to pay for it... and we don't hear about this very much in the news. I guess that cutting the source of government income has really helped, eh. And it looks like the media is really "liberal". I'm convinced that if the Republicans hadn't had Karl Rove around for the last 20 years to spin things their way, they would be nowhere today.

 

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