Re: Sources: Bush taking money out of ?
NumbFaint wrote:Sorry if this is "noob" of me but i'm writing a paper on the whole Iraqi war situation concerning economy. Does anyone know what programs Bush is taking money out of to fund his war? Any sources or websites would be helpful. Also, it'd be nice if the sources were "fact"
You're not going to find anything on this specific question, particularly at the White House webpage. First, I think you misunderstand federal budgeting. During appropriations we don't make specific offsets--i.e. we don't specify that money for X program or war should come from Y's funding. Secondly, as a de facto matter, the money for much of our current discretionary spending is being borrowed. What does that mean? It means that young people like you--future voters and taxpayers--ultimately get to pay for current voters' spending binge. You can view your ever expanding debt at
U.S. Debt. Enjoy!
Once upon a time we did have something akin to spending offsets. Under the PayGo sheme (pay-as-you-go), most appropriations needed to be offset to keep a positive net balance (but this never included tax cuts or "tax expenditures"). PayGo expired in 2002, and Congress--in its infinite fiscal wisdom--decided not to renew it. Fiscal accountability--who needs it?