Conferees Produce Spending Bill:

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House and Senate conferees completed work on the 2008 defense appropriations bill, providing about $460 billion in spending authority. Rep. John Murtha, chairman of the defense panel of the House Appropriations Committee, said in a statement that the agreement “achieves a balance” between near-term deployment requirements and modernization to meet future threats. The measure is almost $40 billion more than enacted for Fiscal 2007 and does not include funding for Operation Iraqi Freedom. And, here’s the Senate Appropriations Committee summary.

Audio of this article is brought to you by the Air & Space Forces Association, honoring and supporting our Airmen, Guardians, and their families. Find out more at afa.org