President Bush still has the power of the veto and the power to keep the war going in Iraq because republicans in congress will rubber stamp his actions, but his decisions have become irrelevant and has lost all creditability with the American people.
The Democratic controlled Congress will pass the children's health insurance bill that is due to expire and will expand the program to cover more children at an additional cost of $35 billion. The cost will be paid for by an increase in tax on cigarette's. Mr. Bush said he will veto the bill because of the extra cost. This is the President who has not balanced one federal budget and in fact has given the people and country record federal deficit spending since being elected. The deficit for fiscal year 2004 was a record 400 plus billion dollars. He has already told the people he will not balance any budgets before leaving office. He might have the veto power, but he has no creditability.
Mr. Bush is asking congress for an additional $195 billion for Iraq and Afghanistan for the coming fiscal year, this is in addition to the 500 plus billion dollars already allocated for the wars. The debt Mr. Bush has piled on our nation with a war and occupation over WMD that did not exist shows the irrelevance of his powers. And now he says he will veto the children health insurance program that congress will pass.
For over a year now the President's job approval rating stands at less than 30%. The American people understand that Mr. Bush still has power, but that his actions have become irrelevant. The people just don't believe him despite his powers. When Mr. Bush leaves office the nation will have gone through 8 years of the most irresponsible fiscal policies in our history. Alan Greenspan can attest to that but like the Republicans in this administration he just went with the flow.
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