RealNews

Bush seeks defence spending rise

President George W Bush has proposed a $2,770bn (£1,600bn) annual budget, with more money to fight terrorism, but less for many social areas. Mr Bush is seeking a 6.9% hike in US military spending to $439.3bn, and a 3.3% rise in homeland security funds. To keep plans to cut the fiscal deficit on track, big cuts have been proposed in healthcare spending. Full Story

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