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Pentagon to Show How It Would Spend an Extra $26 Billion

The Pentagon’s budget plan for the fiscal year starting Oct. 1 will outline how it would spend an additional $26 billion if Congress could find the money, according to U.S. officials.

The White House Office of Management and Budget last week directed the Pentagon to produce the what-if list as part of an “investment fund” it would include when President Barack Obama’s proposed budget is submitted to Congress on March 4.