Doubling Down on President Bush's Economic Policies

From Heritage.org

President Obama has framed his budget as a break from the "failed policies" of the Bush Admin­istration. Actually, his budget doubles down on President George W. Bush's borrow, spend, and bail­out policies. For example:

• President Bush expanded the federal budget by a historic $700 billion through 2008. President Obama would add another $1 trillion.
  
• President Bush began a string of expensive finan­cial bailouts. President Obama is accelerating that course.
  
• President Bush created a Medicare drug entitle­ment that will cost an estimated $800 billion in its first decade. President Obama has proposed a $634 billion down payment on a new govern­ment health care fund.
  
• President Bush increased federal education spending 58 percent faster than inflation. Presi­dent Obama would double it.
  
• President Bush became the first President to spend 3 percent of GDP on federal antipoverty programs. President Obama has already in­creased this spending by 20 percent.
  
• President Bush tilted the income tax burden more toward upper-income taxpayers. President Obama would continue that trend.