Bush's spends &#36;2.8M on accounts push
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The Bush administration spent at least $2.8 million traveling around the country promoting its plan to let many people divert a portion of their Social Security taxes into private retirement accounts, congressional investigators said Friday.
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Lobbyists spent more than &#36;1 billion in the first half of 2004 promoting their positions in front of the president and Congress, putting the nation on track for its first &#36;2 billion lobbying year.
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The U.S. budget deficit will reach  $368 billion this year before any war costs are added in, the  Congressional Budget Office said on Tuesday, according to a  source familiar with the worse-than-expected numbers.
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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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President Bush on Friday signed into law a measure authorizing an &#36;800 billion increase in the credit limit of the United States, the White House said.
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The federal deficit surged to a record &#36;413 billion in 2004, the Treasury Department announced Thursday, injecting the figure into a presidential campaign in which the two parties have clashed over President Bush's management of the economy and the budget.
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New figures show shortfall reaching $368 billion in fiscal 2005, not counting war costs.
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President Bush on Tuesday asked for  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 nearly  $300 billion so far.
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Fifty-three companies gave the maximum &#36;250,000 donation toward President Bush's inauguration this week.
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The White House asked Congress on Monday to approve &#36;2 billion in emergency funding for hurricane-battered Florida and said President Bush would visit the election battleground state on Wednesday.
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President Bush planned to ask Congress Monday for about &#36;2.5 billion in additional aid to help Florida recover from its recent bout with hurricanes, congressional aides said.
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President George W. Bush Monday set out a modest 2.9 percent rise in funding for the US space agency, just as NASA is racing to finish the International Space Station in 2010.
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The federal budget deficit would have been 69 percent higher than the $162.8 billion reported two months ago if the government had used the same accounting methods as private companies, the Bush administration reported Monday.
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A SOCIAL SECURITY PROPOSAL: The Bush administration is considering allowing younger workers to invest nearly &#36;2 of every &#36;3 from payroll taxes in private accounts, up to &#36;1,000 to &#36;1,300 annually.
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CRAWFORD, Texas  - President Bush, under pressure  over the pace and scale of American aid to Asian tsunami  victims, abruptly raised the U.S. contribution to $350 million  on Friday, 10 times the amount pledged just two days ago.
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President Bush asked Congress for an additional &#36;3.1 billion Tuesday to help Florida and other states recover from the battering they endured from recent hurricanes.
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President Bush is not ruling out raising taxes on people who earn more than &#36;90,000 as a way to help fix Social Security's finances.