Bush unveils 2009 budget

Monday, February 4th 2008, 12:56 pm
By: News 9


President Bush releasing his $3.1 trillion budget today.

The budget, for the 2009 fiscal year, reflects an increase in military spending and a decrease in some education funding. President Bush says it is a "good solid budget," while most congressional Democrats attacked the plan for using "gimmicks".

The budget increases the current deficit, but President Bush says he expects a balanced budget by 2012.