Bush asks for 3 percent increase in IT spending

The Bush administration’s fiscal 2008 budget proposal asks for a 3 percent increase to $65.5 billion in information technology funding as departments set priorities and seek to offer better results from their services, according to the document released today.

The number of major IT investments has decreased 2 percent, from 857 in fiscal 2007 to 840 in fiscal 2008. In fiscal 2006, there were 1,084 major IT investments.

The budget chalks up the decrease to better capital planning and investments aligning with enterprise architectures.

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