RealNews

Bush Seeking Big Increase in Missile Defense

The Bush administration will ask Congress to boost spending on missile defense by $1.2 billion next year and nearly double funding to modernize the Army in the $401.7 billion U.S. military budget for 2005, according to Pentagon documents released on Friday. The defense plan is part of a proposed $2.3 trillion federal budget President Bush will send to lawmakers on Monday. It calls for a 7 percent increase in defense spending over the current level of $375 billion. The Pentagon said the defense budget documents — scheduled to be formally released on Monday with the president’s overall budget — were inadvertently posted on the Internet on Friday morning. They were later removed. Full Story

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