Saturday, February 9, 2008

DoD calls for 7.5% budget increase in ’09

By William H. McMichael - Staff writer
Posted : Tuesday Feb 5, 2008 10:29:30 EST

The Bush administration on Monday unveiled a defense budget proposal that would boost baseline spending by 7.5 percent in fiscal 2009, which begins Oct. 1, the Defense Department announced Monday.

The total of $515.4 billion would be a $35.9 billion jump from the current fiscal year. Most of the growth is due to inflation, a weak dollar and higher costs for fuel and medical care, defense officials said.

http://www.navytimes.com/news/2008/02/military_09budget_dod_080204w/