2003 Budget Completes Big Jump in Spending
By Glenn Kessler- Washington Post Staff
Writer
Monday, April 15, 2002; Page A01
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President Bush has regularly warned against
the perils of federal spending, declaring last year that "excessive
federal spending threatens economic vitality." Although administration
officials vow to control spending once the current emergency has
passed, many experts believe that will be difficult, if not impossible.
Last year's tax cut and the recent recession may result in the
first back-to-back years of falling revenue since the late 1950s.
Now, the military is slated to get the biggest
increase in two decades, matching the previous Bush administration's
budget when adjusted for inflation. Homeland security needs dominate
the nonmilitary budget in 2003, but nonmilitary spending had already
risen dramatically in recent years as the nation briefly enjoyed
budget surpluses.
Measured another way, federal spending, minus
interest costs on the debt, will have grown by nearly 2 percentage
points of the overall U.S. economy from 1999 to 2003 -- from 16.6
percent to 18.5 percent.
The total for the 2003 budget likely will
go higher as pressure builds in Congress to add to the administration's
budget requests in this election year and to enact new benefits
such as a prescription drug plan for Medicare recipients. The
calculations also do not include the effect of the administration's
recent $27 billion supplemental spending request for fiscal 2002.
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