micah holmquist's irregular thoughts and links
Welcome to the musings and notes of a Cadillac, Michigan based writer named Micah Holmquist, who is bothered by his own sarcasm.
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Sites Holmquist trys, and often fails, to go no more than a couple of days without visiting (some of which Holmquist regularly swipes links from without attribution)
Blogs that for one reason or another Holmquist would like to read on at least something of a regular basis (always in development)
Tuesday, February 04, 2003
"President Bush sent Congress a $2.23 trillion budget today — with record deficits — that would speed up billions of dollars in income tax cuts, provide huge increases for the Pentagon and offer a modest jump in spending for NASA," writes Elisabeth Bumiller in a New York Times story dated February 3. "Mr. Bush's budget forecasts a deficit of $304 billion in the current fiscal year, and projects a deficit of $307 billion for the 2004 fiscal year, which begins Oct. 1. Over the next five years the total projected deficit would be more than $1 trillion, a potentially problematic number for Mr. Bush, who as a presidential candidate vowed that he could both cut taxes and eliminate the national debt."
The budget included no projection of the cost of any war with Iraq, which administration officials have said could be as low as $50 billion and as high as $200 billion. If there is a conflict, officials said, Mr. Bush would ask Congress for the money as an emergency supplement.Of course, it isn't as if a budget for the current fiscal year has been finalized or anything.