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Bush Wants $120Bn for Afghanistan, Iraq (Feb 3)

Reports from Washington say the Bush administration is planning to ask Congress for $120 billion more to fund U.S. military operations in Iraq and Afghanistan.

Officials said the White House is seeking $70 billion for the two conflicts for the rest of this fiscal year, and $50 billion more for the start of the fiscal 2007 budget year that begins in October.

The funds for Iraq and Afghanistan are not included in a $439.3 billion defense-spending plan for fiscal 2007 that President George W. Bush is expected to submit to Congress next week.

Officials said the spending plan -- which marks a nearly 5 percent increase over this year's U.S. defense budget -- includes about $84 billion for fighter jets, ships, and other new weapons.

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Bush Seeks $120 Billion More For Iraq, Afghan Wars