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http://www.reuters.com/article/idUSTRE6103C520100201?type=politicsNews


Reuters
February 1, 2010


Obama seeks record $708 billion in defense budget


[1946 budget considered as carry over from World War II.]


-The budget underscored the administration's commitment to a "robust defense 
against emerging missile threats," saying it would pay for use of increasingly 
capable sea- and land-based missile interceptors and a range of sensors in 
Europe.


WASHINGTON: President Barack Obama on Monday asked Congress to approve a record 
$708 billion in defense spending for fiscal year 2011, including a 3.4 percent 
increase in the Pentagon's base budget and $159 billion to fund U.S. military 
missions in Iraq, Afghanistan and Pakistan.

The White House budget request also included $33 billion in additional funding 
for fiscal 2010 to pay for increasing military and intelligence operations in 
Afghanistan and Pakistan, and drawing down U.S. forces in Iraq. That comes on 
top of $129.6 billion already provided for the current fiscal year, which ends 
September 30.

The Pentagon's base budget request of $549 billion is up $18 billion from $531 
billion in fiscal 2010, and will pay for continued reforms of defense 
acquisitions, development of a ballistic missile defense system and care of 
wounded soldiers.
....
....
The budget underscored the administration's commitment to a "robust defense 
against emerging missile threats," saying it would pay for use of increasingly 
capable sea- and land-based missile interceptors and a range of sensors in 
Europe.

The Pentagon's budget continues to fund new weapons already under development, 
including the F-35 fighter, a new ballistic missile submarine, a new family of 
ground vehicles and the P-8 surveillance aircraft built by Boeing.

It will also pay for more unmanned planes, helicopters, electronic warfare 
capabilities and cybersecurity measures.

Overall, the budget includes $112.8 billion for weapons procurement, up from 
$104.8 billion in fiscal 2010, and $76 billion for research and development, 
down from $80 billion.

(Reporting by Andrea Shalal-Esa; Editing by Lisa Von Ahn)
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