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Home Exhibitions & Events 2008 CURRENT US MILITARY BUDGET AND PROPOSED
2008 CURRENT US MILITARY BUDGET AND PROPOSED

U.S. MILITARY BUDGET FACTS EXCERPTED FROM WWW.WHITEHOUSE.GOV


CURRENT US MILITARY BUDGET (This is excerpted from www.whitehouse.gov)

Provides $439.3 billion for the Department of Defense’s base budget—a 7-percent increase over 2006 and a 48-percent increase over 2001—to maintain a high level of military readiness, develop and procure new weapon systems to ensure U.S. battlefield superiority, and support our servicemembers and their families;

Requests $50 billion in 2007 bridge funding to support the military’s Global War on Terror efforts in Afghanistan and Iraq into 2007;

Expands the Predator Unmanned Aerial Vehicle force from 12 to 21 orbits, each supporting 3-4 aircraft, to increase sustained 24-hour surveillance capabilities;

Increases substantially the size and capabilities of the Special Operations Command;

Adds $173.3 million to continue developing and refining a New Triad of smaller nuclear forces, enhanced missile defenses, and improved command and control; and
Provides an additional 2.2-percent increase in basic pay.

PROPOSED 08/09:
Bush Boosts Defense Spending in $3.1 Trillion Budget
Feb. 4 (Bloomberg) -- President George W. Bush sent Congress a $3.1 trillion federal budget that trims Medicare and health care programs, boosts military spending and projects the deficit this year and next will hit near-record levels.The spending blueprint for fiscal 2009 is the biggest ever. It would slow the rate of growth in spending for entitlement programs such as Medicare for savings of $208 billion over five years. Pentagon spending would rise 7.5 percent to $515 billion, the 11th consecutive year of increases. Programs in the departments of education, interior, transportation, justice and agriculture would be reduced.