It's Your Money. He Just Spends It

A guide to the new Bush budget's winners and losers

When George W. Bush submitted his whopping $2.57 trillion proposal to Congress last week, it showed how the war on terrorism has come home to roost. Both the Defense and Homeland Security departments get boosts, while many domestic programs for the poor, like vocational education and Medicaid, take a hit. Bush's aides portray him as Dr. No, turning down pleas from Cabinet Secretaries. But he's not standing in the way of two juicy repeals of taxes on the wealthy, scheduled to take effect next year. Here's a guide to the budget's winners and losers. --By Matthew Cooper and Massimo Calabresi


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