President George W. Bush on Monday proposed a $2.4 trillion federal budget that boosts spending on information technology and on computer crime investigation. The record budget request for the 2005 fiscal year, which begins Oct. 1, 2004, asks Congress to ignore a widening deficit of $521 billion and to increase defense spending by 7 percent and homeland security spending by 10 percent. . . .

President George W. Bush on Monday proposed a $2.4 trillion federal budget that boosts spending on information technology and on computer crime investigation. The record budget request for the 2005 fiscal year, which begins Oct. 1, 2004, asks Congress to ignore a widening deficit of $521 billion and to increase defense spending by 7 percent and homeland security spending by 10 percent.

In a letter to Congress accompanying the proposed budget, Bush acknowledged the record gap between spending and tax revenue. "Economic growth and good stewardship of taxpayer dollars will help us meet another important priority: cutting the budget deficit brought on by recession and war," Bush said. "We must continue to evaluate each federal program, to make sure that it meets its goals, and produces the desired results."

The link for this article located at ZDNet is no longer available.