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Bush sends $3 trillion dollar budget to Congress

By: News Bites | Submitted on: 02/04/08

(SGT NEWS BITE) - President Bush is sending Congress a $3 trillion spending blueprint that would provide a big boost to defense and protect his signature tax cuts.

It seeks sizable savings in government health care programs and puts the squeeze on much of the rest of government, but it would still generate near-record budget deficits over the next two years.

Democrats attacked Bush's final spending plan as a continuation of what they contend are seven years of failed policies by the Bush administration.

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News Bites are short one or two paragraph excerpts of external news articles with links to the original source.

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