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Politics : Formerly About Applied Materials
AMAT 268.76-0.3%1:16 PM EST

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To: StanX Long who wrote (59993)2/5/2002 1:43:23 AM
From: StanX Long  Read Replies (1) of 70976
 
Bush Budget Would Boost Technology Spending
Federal Contractors Likely to Benefit

washingtonpost.com

By Renae Merle
Washington Post Staff Writer
Tuesday, February 5, 2002; Page E01

President Bush's budget proposal would more than double the growth of federal technology spending, providing a potential windfall for local government contractors.

Government information technology spending is slated to reach $52 billion in fiscal 2003 under Bush's budget, up from $48 billion this year. That includes dedicating more than $4.2 billion to cyber-security and a $722 million homeland security effort to improve federal agencies' ability to share information across jurisdictions.

The budget reflects a new respect for information technology's part in fighting the war on terrorism, said Rep. Thomas M. Davis III (R-Va.).
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