One day after pledging to undertake one of history's largest reconstruction efforts, President Bush served notice yesterday, that rebuilding the hurricane-ravaged Gulf Coast will require spending cuts elsewhere in the federal budget
Does this next sentence follow, given the preceding text?
Amid growing concern among congressional Republicans about the huge cost of the planned reconstruction effort, Bush said the federal government could foot the bill without resorting to a tax increase.

Pick your answer from: + yes + no
no