Bush urges 770 million for food aid in 2009 budget
President Bush urged Congress to approve 770 million dollars for global food aid and development programs to curb rising prices and hunger. The funds, part of a 2009 Iraq war measure, would mainly aid Africa and start distribution Oct 1 if approved. He expects total annual U.S. food aid to reach 5 billion dollars.
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Office of the Presidency on the Net
The Office of the Presidency is listed at www.whitehouse.gov with a Congressional news page at www.congress.org. The notice directs readers to official internet portals for updates on executive and legislative activities.
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House panel OKs housing assistance
Democrats and Republicans on the House Financial Services Committee approve a 300 billion dollar housing rescue package to back cheaper mortgages for homeowners at risk of foreclosure. The 46-21 vote advances the bill sponsored by Rep. Barney Frank with GOP supporters from hard hit mortgage areas. Democratic leaders plan full House votes next week.
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House Financial Services Committee
Bush
Barney Frank
D-Mass
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Senate panel blocks funding for Iraq projects over 2 million
A Senate Armed Services Committee panel unanimously voted to bar Defense Department financing of Iraq reconstruction projects exceeding 2 million and to press Baghdad to pay for training and equipping its security forces. The measure, in the 2009 defense policy bill, mirrors a separate war-spending bill in progress as Democrats push Iraq to cover more costs, arguing oil revenues reach about 70 billion this year while U.S. taxpayers shoulder higher fuel prices.
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