White House Details Proposed Spending Cuts
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More than five days after unveiling his budget, President Bush spelled out in detail for lawmakers his requests to eliminate or sharply reduce spending for 154 programs the administration sees as duplications, failures or inefficiencies.
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A leaked White House memo on Social  Security suggested on Thursday that President Bush may favor  cutting benefits for future retirees as part of a plan to  privatize the popular federal program.
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The White House said on Tuesday it  will seek more than $80 billion in new funding for military  operations this year in Iraq and Afghanistan, shattering  initial cost estimates and pushing the total for both conflicts  to almost $300 billion so far.
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MONDAY, Feb. 5 (HealthDay News) -- President Bush's proposed $2.9 trillion federal budget, unveiled Monday, calls for health care spending cuts, including a major five-year reduction in Medicare expenditures to slow the program's annual growth rate from 6.5 percent to 5.6 percent.
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Bloomberg - Feb. 4 (Bloomberg) -- President George W. Bush, in his the final budget, will propose a $3 trillion plan that would freeze or cut Medicare and other domestic programs and will touch off election-year battles with Congress.
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US President George W. Bush plans to cut spending in his upcoming budget, not just trim the rate of growth in government outlays, Treasury Secretary John Snow said Sunday.
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Lockheed Martin Corp. LMT.N and  Northrop Grumman Corp. NOC.N would bear the brunt of proposed  cuts in U.S. weapons purchases totaling $30 billion over the  next six years, according to the summary from a Pentagon budget  document made available to Reuters Monday.
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President George W. Bush would like to see a package of tax cuts and other measures totaling around $140 billion to shore up the fragile U.S. economy, a White House document showed on Friday.
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A two-day White House-sponsored conference on the economy is aimed at boosting President Bush's proposals for more tax cuts, freer trade, tort reform and Social Security changes.
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White House officials and Congress' top budget writers tried rallying support Tuesday for President Bush's &#36;2.57 trillion budget, but cracks in Republican unity showed as lawmakers digested the plan's proposed spending cuts.
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The Bush administration plans to  propose cuts in funds to fix the aging Hubble Space Telescope,  a U.S. official said on Saturday, as the head of the telescope  project said he hoped Congress would approve money for repairs.
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Democratic Congressional leaders on Friday offered the first concessions in a fight with President Bush over a spending bill for Iraq, but the White House turned them down
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President Bush's budget will propose cuts of up to 40 percent in a &#36;4.7 billion program that disperses development grants to communities across the United States, congressional aides said Wednesday.
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The White House and senators from both parties mapped out possible changes to the stalled immigration bill.
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House Republican leaders said Wednesday that they may cut some of the nonmilitary parts of President Bush's $82 billion budget request for Iraq and anti-terrorism efforts because they are not emergencies.
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WASHINGTON -- Trying to tighten the federal budget, the Bush administration on Wednesday proposed to reduce farm payments $18 billion over the next five years.
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President George W. Bush will acknowledge on Monday that a slowing U.S. economy will lead to a higher budget deficit this year and next, as he unveils a $3 trillion fiscal 2009 spending plan that would boost military funding but nearly freeze many domestic programs.