President Bush proposed a $2.57 trillion budget to Congress on Monday that seeks deep cuts in domestic programs from farm subsidies to health care payments for poor people and veterans, but provides hundreds of millions in foreign aid.
By PBS NewsHour
President Bush sent Congress a $2.4 trillion election-year budget Monday that focuses on the war on terror, homeland defense and the economy and also lays out a plan that seeks to cut the projected record deficit of $521 billion.
President Bush told congressional leaders he would submit a $74.7 billion supplemental budget request, the first installment payment for the Iraq war and subsequent rebuilding and humanitarian aid costs.
With an anemic economy at home and a possible war with Iraq on the horizon, President Bush unveiled a $2.23 trillion federal budget Monday.
President Bush sent a $2.13 trillion budget to Congress Monday that includes billions for homeland security and the largest jump in military spending in twenty years.
Following recent grim economic forecasts, Congress returns from summer recess to pass final budget items.
The U.S. Senate Thursday approved a 2002 budget plan that features a smaller tax cut than President Bush sought, but paves the way for a reduction in government spending.
Congress adjourned Friday evening as Senators -- after several threats of filibusters -- passed a budget spending package to keep the government running.
The four-member coalition of Midwestern senators protesting milk price controls within the federal budget passed in the House have indicated their filibuster will end overnight.
House Democrats and Republicans voted to pass a bipartisan budget package Thursday evening, ending fears of another government shutdown.
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