Bush May Need Up to $50 Billion Extra for Iraq
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By Adam Entous
WASHINGTON (Reuters) - The White House said it may need up to $50 billion in extra funding for military operations in Iraq (news - web sites) and Afghanistan (news - web sites) next year -- on top of the $400 billion military budget it sent to Congress on Monday.
The request could throw off President Bush (news - web sites)'s deficit reduction goals.
His fiscal 2005 budget calls for cutting this year's record $521 billion deficit down to $364 billion in 2005, and Bush told reporters he is confident the reductions will be met.
But White House budget director Joshua Bolten acknowledged that these projections do not include spending for ongoing operations in Iraq and Afghanistan.
"So we will need supplemental funding to continue that," Bolten told reporters
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