This sounds as an "economy reactivation package" to me:
>>>>>>>>>>>>>>>>>>> "a $355.5 billion package giving the wartime Pentagon (news - web sites) "every resource, every weapon and every tool they need." and "4.1 percent salary increase for military personnel" <<<<<<<<<<<<<<<<<<<<
This buys a lot of integrated circuits, and the 4% increase in salaries translates immediately into more liquidity for the economy at large.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Bush Signs Defense Spending Bill 1 hour, 43 minutes ago By JENNIFER LOVEN, Associated Press Writer
President Bush (news - web sites) signed into law Wednesday the biggest military spending increase since Ronald Reagan (news - web sites)'s administration — a $355.5 billion package giving the wartime Pentagon (news - web sites) "every resource, every weapon and every tool they need."
Overwhelmingly approved by Congress, the measure contains a 4.1 percent salary increase for military personnel, $7.4 billion to keep developing a ballistic missile defense system and $72 billion for new weapons.
With the president contemplating war against Iraq, and U.S. troops involved in an anti-terror campaign across the globe, the law increases Pentagon spending in almost every area for the budget year that began Oct. 1 by a total of more than $34 billion, or 11 percent, over the previous year. It was the biggest increase in 20 years.
Market Data 
Markets 
AI
