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Democrats cool to budget plan
Posted: 02.05.2007 at 3:55 PM
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Senate Budget Committee staffers unpack copies of President Bush's fiscal 2008 federal budget on Capitol Hill in Washington, Monday, Feb . 5, 2007.  / AP Photo/Dennis Cook
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WASHINGTON (AP) -- The top Republican on the Senate Budget Committee doesn't think the Democratic-controlled Congress will approve the budget submitted by President Bush on Monday.  As Judd Gregg puts it, "The White House is afraid of taxes and the Democrats are afraid of controlling spending."

The plan would make permanent Bush's first-term tax cuts.  Bush is asking Congress to slash taxes by $1.6 trillion over the next decade.

The plan includes a nearly $625 billion dollar request for defense spending, and for the first time includes an estimate as to how much the wars in Iraq and Afghanistan will cost a year in advance.

The budget requests more than $481 billion dollars for the Defense Department in addition to the $93.4 billion for this year's war operations and more than $141 billion in projected war costs for next year.

(Copyright ©2007 by The Associated Press. All Rights Reserved.)

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