The US President, George W Bush, will today unveil his 2006 budget which is expected to be the tightest of his presidency as he attempts to curb deficits.
The $2.5 trillion budget will slow down the growth of homeland security and defence spending.
However, it will also reduce spending on public health, social welfare and public housing.
Mr Bush inherited a budget surplus from Bill Clinton when he came to office, but he is now running deficits of over $400 billion a year.
The president's aim is to cut deficits by half by 2009 when his current term ends.
