(boldface added by me)
Bush's extensive tax cuts, the new Medicare prescription drug benefit and, if it passes, his plan to redesign Social Security all balloon in cost several years from now. His plan to partially privatize Social Security, for instance, would cost a total of $79.5 billion in the last two budgets that Bush will propose as president and an additional $675 billion in the five years that follow. New Medicare figures likewise show the cost almost twice as high as originally estimated, largely because it mushrooms long after the Bush presidency.
"It's almost like you've got a budget, and you've got a shadow budget coming in behind that's a whole lot more expensive," said Philip G. Joyce, professor of public policy at George Washington University.
By the time the next president comes along, some analysts said, not only will there be little if any flexibility for any new initiatives, but the entire four-year term could be spent figuring out how to accommodate the long-range cost of Bush's policies........................................ The knowledge of what's ahead is hardly lost on some of those eyeing Bush's job. Sen. John McCain (R-Ariz.) has been among those raising concerns about the long-term costs of current financial policies.
"Hopefully some very difficult decisions will be addressed between now and the time we have a new White House resident so that occupant isn't faced with some very expensive chickens coming home to roost," said John Weaver, a McCain adviser. "There are some things that we can do, but unfortunately in the political world kicking down the road is often seen as leadership."




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