Defense Budget President Bush today said his new budget for the fiscal year beginning this fall will include $48 billion in new spending for defense -- the largest defense spending increase since President Ronald Reagan's military buildup in the early 1980s. The president said the money is needed to continue the war on terrorism. NPR's Don Gonyea reports from the White House.

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Defense Budget

January 23, 200212:00 AM ET

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Defense Budget

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President Bush today said his new budget for the fiscal year beginning this fall will include $48 billion in new spending for defense — the largest defense spending increase since President Ronald Reagan's military buildup in the early 1980s. The president said the money is needed to continue the war on terrorism. NPR's Don Gonyea reports from the White House.