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Obama Budget Calls for Cuts in Spending for U.S. Technology

U.S. government spending on information technology would decline 1.2 percent next fiscal year under a budget proposal from President Barack Obama seeking to balance investments with deficit reduction.

The technology budget released today calls for $78.9 billion in spending next year, led by Defense Department reductions, as the administration promotes savings and efficiencies in federal-data programs. It’s part of a $3.8 trillion election-year budget plan sent to Congress.