Budget issues

The 2004 budget for NIH (National Institutes of Health) will be in the order of 27 billion (27×10^9) dollars; as commonly known, the proposed Iraq reconstruction budget is 87 billion; this certainly indicates where the priorities of the Bushites lie. Of the 87 billion, 66 billion is reserved for financing US military operations in Iraq and Afghanistan, about 20 billion for the actual reconstruction. A substantial amount of this 20 billion looks to be going to (at best) pretty dubious expenses. Of course, then there is the record federal budget deficit (estimate for 2003: 400 billion), not uncorrelated to Dubya’s tax cuts (which the majority of the population will hardly notice). But don’t worry, there is a jobless recovery going on!


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