Word: exceeded
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Dates: during 1970-1979
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...vote more funds than Nixon requested in some sectors, such as agriculture and public works. But it cut the total funds requested by the President for the current fiscal year by $5.6 billion, almost entirely from the defense budget. Yet spending for the year, according to Administration estimates, will exceed the President's budget by about $4 billion (to $197 billion). The projected surplus of $5.9 billion is sinking to near zero. Chief reason: automatic cost increases, such as interest on the national debt...