Pentagon Said to Offer Cuts in the Billions
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The Pentagon plans to retire one of the Navy's 12 aircraft carriers as part of $60 billion in proposed cuts over the next six years.
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The White House plans to shift $3.2 billion in defense spending -- partly from new weapons like the Lockheed Martin Corp. F-35 Joint Strike Fighter -- to support troops in Iraq and Afghanistan, a trade publication reported on Monday.
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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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The Pentagon is drawing up a plan that would give the military a more prominent role in intelligence-collection operations.
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White House plans to share the pain of budget cuts
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MONDAY, Feb. 4 (HealthDay News) -- President Bush's new budget proposal would cut $196 billion over five years from both Medicare and Medicaid -- programs that provide health care to millions of poor and elderly, federal officials announced Monday.
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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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Defense Secretary Robert Gates wants to reduces  the amount of military personnel held beyond their retirement dates or enlistment length
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U.S. Defense Secretary Robert Gates will consider a proposal to send some 3,000 additional U.S. troops to Afghanistan to thwart any spring offensive by Taliban militants, the Pentagon said on Wednesday.
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The U.S. military commander in Iraq has suggested he will recommend a cut in U.S. troop numbers around March when he delivers long-awaited testimony to Congress next week.
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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 Bush administration wants to trim the Federal Aviation Administration's budget for buying new air traffic control equipment at a time when more planes are in the air.
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If Democrat John Kerry becomes president he could cut up to a third of the annual &#36;10 billion in spending on missile defenses, but overall defense expenditure would stay high, analysts said this week.
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WASHINGTON -- The Bush administration plans to ask for between $80 billion and $100 billion to fund military operations in Iraq and Afghanistan next year, rather than the $70 billion to $75 billion the White House privately told members of Congress before the election, according to Pentagon and White House officials.
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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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Planemaker Boeing Co. expects Pentagon budget cut proposals to hit its top defense programs, the head of its military business said in a newspaper interview published on Friday.
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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.