The United States budget for 2007 will stand at 2.77 trillion dollars if George W. Bush gets his way. The US President has outlined his spending plans for the next financial year. US Defence Secretary Donald Rumsfeld told a news conference that an almost 5 percent increase in military spending was necessary to protect the United States:
“The President’s Budget request for the Department of Defence represents an increase over the last year. It reflects what we believe should be the country’s national security priorities. Namely, to help defend the United States of America and the American people and their interests.”
Factored into the increase is a record 6.9 percent increased spend on defence and 3.3 percent on national security. That is at the cost of the outlay on education and health, including the popular Medicare programme for the poor, elderly and disabled.
The extra money will be used to increase the number of special forces used to fight terrorism, and will keep up spending on major weapons programmes.