Wednesday, June 20, 2007

Bush signals more combative tone on spending

(Reuters) - Bush and the Democratic-led Congress, who sparred for several months this year over a funding bill for the Iraq war, are headed for a clash in coming months over measures to fund items from homeland security to education and health care.




Meeting with Republican leaders in the Oval Office, Bush said the budget that Democrats have been preparing would "increase spending by a significant amount" and charged that ultimately would mean higher taxes.


Read more at Reuters.com Bonds News

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