|01-04-2005, 01:37 PM||#1|
Angling in the Deep
Join Date: Oct 2003
Location: Texas Riviera, Southern Mountains
Bush To Ask For Another $100 Billion For Iraq
Anyone know how much money that is per day we're spending on policing a country that labels us as infidels?
By Peronet Despeignes, USA TODAY
Congress expects the White House to request as much as $100 billion this year for war and related costs in Iraq (news - web sites) and Afghanistan (news - web sites), congressional officials say.
It would be the third and largest Iraq-related budget request from the White House yet, and it could push the war's costs over $200 billion - far above initial White House estimates of $50 billion-$60 billion. So far, the Iraq war has cost about $130 billion, according to the White House's Office of Management and Budget.
War costs complicate President Bush (news - web sites)'s plans for initiatives such as overhauling Social Security (news - web sites). They also threaten his pledge to halve the record $413 billion federal budget deficit.
Jim Dyer, chief of staff of the House Appropriations Committee, traditionally the first stop in Congress for any official request for money, said he expects a funding proposal from the Bush administration by Easter that "could be around $100 billion," the vast majority of it for Iraq.
In the Senate, Bill Hoagland, the top budget aide to Majority Leader Bill Frist of Tennessee, agreed: "Based on current spending profiles, it would not surprise me if ... (a bill) approaching $100 billion is requested early this year." That would be equal to almost one-quarter of the Pentagon (news - web sites)'s $417.5 billion 2005 budget.
Both expect the proposal to come as a "supplemental" spending request, a move that would keep it out of the budget Bush will submit in February.
|01-04-2005, 07:15 PM||#2|
Mo' holla fo' yo' dolla!
Join Date: Dec 2002
Location: In a bunker in an undisclosed location
Just imagine how far the hundreds of billions squandered on Bush's Iraq fiasco could go toward fixing our own economy and bringing democracy to America.
Regime change begins at home.