President Bush Submits $2.9 Trillion Budget

President Bush has submitted a proposed budget to Congress, detailing the nation's planned spending for fiscal year 2008 (which begins on October 1, 2007). The proposed budget totals $2.9 trillion, includes a plan for increased military spending, and implies a strategy to eliminate the national deficit by 2012.

• Budget Documents (including full text of the budget, from WhiteHouse.gov)
• NY Times Article: Bush Sends $2.9 Trillion Budget to Hill