Snow sees spending slashed in Bush 2006 US budget
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The Bush administration will seek to slash government spending next year, US Treasury Secretary John Snow said on Sunday, but he was less specific than the president
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President Bush said on Wednesday  that his fiscal 2006 budget would slash or eliminate more than  150 government programs, and hold spending growth for many  other programs at below the rate of inflation.
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Treasury Secretary John Snow pledged to reduce the US budget deficit, blamed by Europeans for the euro&#39;s gains against the dollar and cited as a risk to global growth by ministers from 20 industrial and emerging economies.
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George W. Bush is now portraying himself as a fiscal conservative as he heads into a spending battle with Democrats.
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Setting priorities for next year, the White House said Friday President Bush will push to cut back on the thousands of home-state projects that lawmakers slip into spending bills.
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President George W. Bush on Monday proposed more than $700 billion in new spending for the U.S. military -- much of it for the Iraq war -- in a budget that would curb domestic programs from health to education.
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President George W Bush asks for sweeping cuts to lower the US deficit as he sends his 2006 budget to Congress.
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US Treasury Secretary John Snow conceded Wednesday that government &quot;deficits matter,&quot; but said an improving economy already is beginning to reduce red ink in the federal budget.
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With the outlook fuzzy and the US economy saddled by big deficits, President George W. Bush will face a tough road implementing his ambitious economic agenda in a second term, analysts say.
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Treasury Secretary John Snow pledged to reduce the U.S. budget deficit, blamed by Europeans for the euro s gains against the dollar and cited as a risk to global growth by ministers from 20 industrial and ...
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More than five days after unveiling his budget, President Bush spelled out in detail for lawmakers his requests to eliminate or sharply reduce spending for 154 programs the administration sees as duplications, failures or inefficiencies.
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The White House on Wednesday is expected to project a U.S. budget deficit for this year of just over $200 billion, down from prior estimates because of strong tax receipts, Republican sources said.
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President Bush said on Saturday that his upcoming budget proposal would emphasize restraint on domestic spending while putting defense and war costs for Iraq and Afghanistan as the top priority.
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The U.S. budget deficit will balloon  to $2.29 trillion over the next decade, congressional analysts  said on Tuesday, a worse outlook than previously forecast and  one likely to stir election-year debate about President Bush's  economic policies.
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OVERVIEW: In his 2006 budget request of some &#36;2.5 trillion going to Congress on Monday, President Bush will propose holding down growth in defense spending and cutting dollars for some domestic programs to cope with large deficits.
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White House officials and Congress' top budget writers tried rallying support Tuesday for President Bush's &#36;2.57 trillion budget, but cracks in Republican unity showed as lawmakers digested the plan's proposed spending cuts.
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The Bush administration will seek to  slash government spending next year, U.S. Treasury Secretary  John Snow said on Sunday, but he was less specific than the  president in predicting how quickly the deficit would fall.