http://ap.tbo.com/ap/breaking/MGA20XE3ERD.htmlSenate Budget Would Halve Deficit in Three Years With $30 Billion for Iraq
By Alan Fram Associated Press Writer
Published: Mar 3, 2004
WASHINGTON (AP) - The Senate Budget Committee began debating a Republican-written 2005 budget on Wednesday that claims to halve the record deficit in three years, even if Congress provides $30 billion for Iraq.
The plan proposed deeper deficit reduction and lower defense and domestic spending than President Bush sought in his budget last month. The Senate's $2.36 trillion election-year proposal parted company with him in other ways, too.
It ignores Bush's proposals to eliminate dozens of programs, to cut spending on water projects popular with lawmakers, and permit mineral drilling in a major Alaskan wildlife preserve.
It also shows the effects of spending $30 billion to maintain U.S. forces in Iraq. Bush's budget omitted that expenditure, even as administration officials conceded they would ask for up to $50 billion after this November's presidential and congressional elections. <snip>