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Tuesday, February 07, 2006

Bush Plans Defence Budget Hike, while Social Programs Cut

US President George Bush has submitted a $439.3 billion defence budget to Congress, seeking a 7% boost in military spending without taking into account the full cost of a protracted war in Iraq.
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Social spending the victim in US budget
The US president has proposed to boost defence spending, slow Medicare's growth and cut a host of domestic programmes in a $2.77 trillion budget that seeks to soothe Republican frustrations over high deficits. George Bush wants to scale back or scrap 141 programmes - with education, cancer research and community policing programmes slated to take a hit - but he proposed a record $439.3 billion defence budget, up 4.8% from last year.
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