CBO: defense outlays total $500B, up $5.3 percent

DEFENSE OUTLAYS: The Congressional Budget Office says its preliminary estimate of fiscal 2006 defense outlays totaled $500 billion, up an actual 5.3 percent over FY '05. The October calculation is down from the CBO's projection in August of $522 billion, or 5.8 percent. Still, outlays grew at an...

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