Obama Budget Targets U.S. Technology Spending Growth
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Government spending on information technology would rise to $79.5 billion next fiscal year under a budget proposal from President Barack Obama that seeks to balance technology priorities with federal deficit reduction.
The technology budget released today is a 1.3 percent increase from the $78.5 billion federal agencies plan to spend in the current fiscal year under a continuing resolution that has kept spending at about 2010 levels.