Snow Sees Spending Slashed in '06 Budget
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The Bush administration will seek to  slash government spending next year, U.S. Treasury Secretary  John Snow said on Sunday, but he was less specific than the  president in predicting how quickly the deficit would fall.
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The U.S. budget deficit will balloon  to $2.29 trillion over the next decade, congressional analysts  said on Tuesday, a worse outlook than previously forecast and  one likely to stir election-year debate about President Bush's  economic policies.
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By Fraser Sherman, Destin Log, Fla.  Sep. 13--Cutting spending projects from Destin's budget can hurt Destin residents even if it saves them money, City Councilor Sam Seevers says.
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President Bush said on Wednesday  that his fiscal 2006 budget would slash or eliminate more than  150 government programs, and hold spending growth for many  other programs at below the rate of inflation.
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Treasury Secretary John Snow pledged to reduce the U.S. budget deficit, blamed by Europeans for the euro s gains against the dollar and cited as a risk to global growth by ministers from 20 industrial and ...
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US Treasury Secretary John Snow said that Washington was committed to reducing its budget deficit, which he acknowledged was &quot;too large&quot;.
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With his 2006 budget, President Bush delivered Congress a tall order, asking for at least six significant governmental reorganizations and an unprecedented five-year freeze in domestic spending to get control of the federal budget deficit.
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California Gov. Arnold Schwarzenegger on Saturday signed six budget-cutting bills that will close the projected $3.3 billion shortfall in the state budget this fiscal year, but warned that more spending cuts would be needed.
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A decision by the state&#39;s tightfisted finance director to step down has fueled speculation inside the Capitol about a possible shift on spending issues by Gov.
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The U.S. budget deficit will balloon  to a cumulative $2.29 trillion over the next decade,  congressional analysts said on Tuesday, a worse outlook than  previously forecast and one likely to stir election-year debate  about President Bush's economic policies.
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The U.S. budget deficit will hit  $368 billion this year even before war costs are added, the  Congressional Budget Office said on Tuesday, and analysts said  the number shows it would be hard for President Bush to keep  his promise of halving the gap in five years.
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The U.S. budget deficit totaled about $250 billion in fiscal 2006, down from the previous year's $318 billion, according to preliminary estimates released by the Congressional Budget Office on Friday.
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The Environmental Protection Agency's proposed discretionary budget would decrease by $330 million from fiscal 2008 to $7.1 billion, with significant drops in spending on clean-water projects. The proposal calls for an overall decrease of almost $600 million from EPA spending in 2007 and the...
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US Treasury Secretary John Snow conceded Wednesday that government &quot;deficits matter,&quot; but said an improving economy already is beginning to reduce red ink in the federal budget.
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US President George W Bush says his forthcoming budget plans will seek to curb on domestic spending.
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The U.S. government began the 2005  fiscal year with a budget shortfall, right after posting a  record $412.28 billion budget gap for all of the 2004 budget  year, a report on Wednesday showed.
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President Bush on Monday proposed a  $2.5 trillion budget that slashes domestic programs from farm  aid to housing grants for the poor, as he sought to curb budget  deficits that have soared on his watch.