Bush's U.S. Budget: Cuts, and Little on Iraq

After a first term marked by rising budget shortfalls, President Bush started his second with a vow to cut the deficit in half by 2010. The new $2.5 trillion budget proposal has deep cuts to domestic programs, from agricultural subsidies to literacy efforts, but it's also notable for what it leaves out, like spending for Iraq and Afghanistan.

Guest:

Ron Elving, NPR's Senior Washington Editor

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