The White House's Office of Management and Budget (OMB) has instructed government agencies to plan for cuts to a wide range of domestic programs. In a memo dated May 19, 2004, (download pdf), the White House told agencies to prepare their budgets for fiscal year (FY) 2006 consistent with the FY 2005 budget proposal -- specifically, to "[a]ssume accounts are funded at the 2006 level specified in the 2005 Budget database." The database refers to the

Employment increased by a steady 288,000 jobs in April, the Department of Labor announced earlier this month. The unemployment rate remains steady at 5.6 percent as well.

Gross domestic product (GDP) rose by a 4.2 percent annual rate in the first quarter, according to the Bureau of Economic Analysis. This is about the same as the 4.1 percent rate from the last quarter of 2003, and shows the economy growing at a steady, if not exceptionally strong, rate. However, forecasters had expected growth to come in at a stronger 5 percent rate.