Bush 2008 Budget Proposal is out

NewsMax

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Bush projects government spending in 2008 of $2.90 trillion, a 4.9 percent increase from the $2.78 trillion in outlays the administration is projecting for this year. However, the administration notes that the 2007 total is only an estimate, given that Congress is still working to complete a massive omnibus spending bill to cover most agencies for the rest of this fiscal year.