Bush slams Democrats’ spending habits, threatens vetoes

By Curtis Raye

Jun 16, 2007 10:48am

ABC News’ Jon D. Garcia reports: President Bush condemned Democrats for excessive spending during his weekly radio address this morning, vowing to veto any bill he deems fiscally irresponsible. The harsh remarks come a day after Congress passed a $37 billion Homeland Security budget bill, roughly $2.1 billion more than what the President requested. House Republicans rallied 147 votes against the bill, enough to uphold a potential presidential veto.   

"The American people do not want to return to the days of tax and spend policies," Bush said. "They expect accountability and fiscal discipline in Washington, D.C.  And I will use my veto to stop tax increases and runaway spending that threaten the strength of our economy and the prosperity of our people."

The President has advocated less government spending this year in efforts to reduce the Federal deficit. But since taking over the House and the Senate, Democrats have passed a number of measures to support programs it deemed under-funded during Republican control. 

"[The Democrats have] passed a budget that would mean higher taxes for American families and job creators, ignore the need for entitlement reform, and pile on hundreds of billions of dollars in new government spending over the next five years," Bush said. "This tax-and-spend approach puts our economic growth and deficit reduction at risk."

Bush also promised to continue pushing for full Congressional earmark disclosure. Late Friday Democrats agreed to make earmarks public after trying to put off identifying thousands of earmarked items until later this year.

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