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Hans
11-14-2007, 11:45 AM
President Bush vetoed a $600 billion spending bill Tuesday, accusing Democratic leaders of wasting money and plotting tax increases

While polls show Bush's popularity remains at near-record lows, Congress ranks even lower as a whole.

The bill Bush vetoed Tuesday includes about $150 billion to run those departments and more than $450 billion in mandatory spending on Medicare and Medicaid, the federal health care programs for the elderly and poor, according to the House Appropriations Committee.

"This is a bipartisan bill supported by over 50 Republicans," Obey, D-Wisconsin, said in a statement issued after the veto. "There has been virtually no criticism of its contents. It is clear the only reason the president vetoed this bill is pure politics."

Bush signed a $470 billion Pentagon spending bill that covers the Defense Department's normal operations, but Democrats split $50 billion in spending for the wars in Iraq and Afghanistan off into a "bridge fund" to which they plan to attach demands for Bush to withdraw U.S. combat troops. The measure sets up another confrontation with the White House.

Bush also demanded Congress reform the alternative minimum tax -- a measure originally aimed at preventing the wealthy from evading taxes, but one that increasingly affects middle-class earners -- without raising additional revenue. He said a plan proposed by Rep. Charles Rangel, the Democratic chairman of the House Ways and Means Committee, to eliminate the tax was unacceptable.

http://www.cnn.com/2007/POLITICS/11/13/bush.budget/index.html