Bush Budget to Curb Domestic Spending
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President Bush will propose squeezing substantial savings next year from domestic programs, giving them less than the 2.3 percent increase they would need to keep pace with inflation, the White House budget director said Thursday.
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Description: The Bush administration is seeking more leeway from Congress on spending in Iraq. The administration wants to shift $3.
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President George W Bush asks for sweeping cuts to lower the US deficit as he sends his 2006 budget to Congress.
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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.
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President George W. Bush will propose freezing most domestic spending in his upcoming 2009 budget and will seek big cost savings from government health care programs, a U.S. official said on Thursday.
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Here are the 154 programs that President Bush wants to eliminate or cut in his 2006 budget proposal. Bush would terminate 99 programs and make major spending reductions in 55. Separately, the administration listed eight major reforms Bush proposed that also would produce spending cuts.
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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, facing pressure to trim a record US budget deficit, will combine a push to restructure Social Security with a call for spending discipline as he wraps up a two-day economic summit.
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President Bush on Monday will seek $245 billion for the wars in Iraq and Afghanistan while boosting other military spending and curbing domestic programs, setting the stage for a big battle with Democrats over funding priorities.
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President Bushâs $3.1 trillion budget would increase military spending and curb the growth of Medicare and Medicaid but raise the federal deficit by nearly $250 billion.
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A guide to the new Bush budget's winners and losers
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Economic assumptions from President Bush's proposed 2008 budget:
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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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President Bush is considering asking Congress to freeze domestic spending next year or cut it slightly, even as he prods lawmakers to allow younger workers to divert some of their Social Security taxes into personal investment accounts.
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President George W. Bush said on Saturday his upcoming budget proposal would emphasize restraint on domestic spending while making defense and war costs for Iraq and Afghanistan the top priority.
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OVERVIEW: In his 2006 budget request of some &#36;2.5 trillion going to Congress on Monday, President Bush will propose holding down growth in defense spending and cutting dollars for some domestic programs to cope with large deficits.
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President Bush will aim his budget  knife at domestic programs from housing to farm subsidies as he  seeks to persuade Wall Street and his fiscal conservative base  he is serious about curbing budget deficits, which have  ballooned on his watch.