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Who's taming budget gorilla? view story
Wednesday, November 24, 2004
AP's Alan Fram - - Buffalo News
| How bad is the government's deficit problem? The just-passed $388 billion bill financing almost every federal agency in 2005 could be eliminated and there would still be red ink.
The massive measure that Congress approved Saturday held the growth of domestic programs to about 1 percent - one of the sparest increases in years - falling below the rate of inflation. But the legislation did not touch the largest and fastest-growing side of the budget - Social Security, Medicare and other benefits paid automatically without Congress having to vote on them.
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