Bush beefs up cybercrime spending

The proposed $2.4tn federal budget includes increased spending on IT and the investigation of computer crime. President George W. Bush has proposed a $2.4tn (£1.32tn) federal budget that boosts spending on information technology and on computer crime investigation. The record budget request for the 2005 fiscal year, which begins on 1 October, 2004, asks Congress to ignore a widening deficit of $521bn and to increase defence spending by 7 percent and homeland security spending by 10 percent.

In a letter to Congress accompanying the proposed budget, Bush acknowledged the record gap between spending and tax revenue. "Economic growth and good stewardship of taxpayer dollars will help us meet another important priority: cutting the budget deficit brought on by recession and war," Bush said. "We must continue to evaluate each federal program, to make sure that it meets its goals, and produces the desired results."

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