Pentagon asks for biggest budget hike since World War II
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Besides its $515 billion request, the Defense Department wants another $70 billion to cover some of next year's war operations.
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U.S. Defense Secretary Robert Gates on Wednesday asked Congress to approve nearly $190 billion more in spending for the wars in Iraq and Afghanistan.
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The White House has approved a fiscal 2008 budget request of $468.9 billion for the Pentagon, $4.7 billion more than expected last year, according to a memorandum obtained by Reuters.
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The Army and Marine Corps are planning to ask incoming Defense Secretary Robert M. Gates and Congress to approve permanent increases in personnel, as senior officials in both services assert that the nation's global military strategy has outstripped their resources.
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Secretary-General Ban Ki-moon proposed on Thursday a rise to $4.2 billion in the U.N. budget for the next two years, calling this a modest real-term increase at a time of unprecedented demands on the world body.
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The Bush administration will ask Congress next week for $70 billion to fund the wars in Iraq and Afghanistan and other related operations for part of the 2009 fiscal year, the Pentagon said on Monday.
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Defense Secretary Robert Gates on Wednesday asked Congress to approve nearly $190 billion more in spending for the wars in Iraq and Afghanistan.
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Global military spending is   expected to hit $1.06 trillion this year, topping the record   set during the Cold War era, an international aid agency   reported on Friday.
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House Democrats are pushing to add billions of dollars to President Bush's $93.4 billion request for military operations in Iraq and Afghanistan, including $900 million for troops suffering from brain injuries and post-traumatic stress disorder.
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The Bush administration is working on its largest-ever appeal for more Iraq war funds &#151; a record $100 billion, at least, and that figure reflects cuts from wish lists originally circulating around the Pentagon.
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As Congress started to digest a new Bush administration request of &#36;80 billion to bankroll wars in Iraq and Afghanistan, its top budget analyst on Tuesday projected &#36;855 billion in deficits for the next decade even without the costs of war and President Bush's Social Security plan.
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President Bush will send Congress a $2.9 trillion spending request Monday that seeks billions of dollars more to fight the Iraq war and tries to restrain the spiraling cost of the government's big health care programs.
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The stage could be set for budget shifts that will hurt some defense contractors and help others.
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Congress is poised to provide $70 billion more for military operations in Iraq and Afghanistan as it adopts a record $448 billion budget for the Pentagon.
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Despite intense partisan divisions over the course of the Iraq war, the House on Tuesday easily approved $70 billion more for military operations there and in Afghanistan. Lawmakers also adopted a record $448 billion budget for the Pentagon.
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A Navy program to build a new combat ship to patrol coastal waters will face another cost increase, government officials acknowledged yesterday, a hit to the service's attempt to keep expenses under control so it can afford a larger fleet.
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The Bush administration will  announce as early as Tuesday that it will seek about $80  billion in new funding for military operations this year in  Iraq and Afghanistan, pushing the total for both conflicts to  almost $300 billion so far.