Mr. Bush said he expected additional cuts in military spending, but did not say if he would use that money to increase domestic programs.
"But I think people were expecting more drastic cuts."
Despite the headlines, though, students should not expect big cuts in fees.
Do not expect boring cuts of chicken breast in the scarpariello style this kitchen prepares.
Nor did the company expect large cuts in its work force of more than 74,000.
But now more analysts are expecting additional cuts, with some even predicting that the central bank will move the short-term rate below 3 percent.
We expect cuts in state aid because of the state's fiscal problems and sales tax revenues have been essentially flat.
Mr. Livingston has said he does not expect deep cuts in discretionary programs other than defense this year.
The latter is under a lot of pressure to reduce by more than 5%, so expect bigger cuts in both gas and electricity from the supplier.
One in five have been told to expect cuts of over 30%.