Friday, November 17, 2006

The Iraqi Money Pit Widens

GOI: Yeah let's just throw more money at the problem. Maybe we could just pay off the rebels for the rest of their lives. That should do it. Americans think money will solve everything.
WASHINGTON — The Bush administration is preparing its largest spending request yet for the wars in Iraq and Afghanistan, a proposal that could make the conflict the most expensive since World War II.

The Pentagon is considering $127 billion to $160 billion in requests from the armed services for the 2007 fiscal year, which began last month, several lawmakers and congressional staff members said. That's on top of $70 billion already approved for 2007.

Sen. Kent Conrad, D-N.D., who will chair the Senate Budget Committee next year, said the amount under consideration is "$127 billion and rising." He said the cost "is going to increasingly become an issue" because it could prevent Congress from addressing domestic priorities, such as expanding Medicare prescription drug coverage.

Rep. Jim Cooper, D-Tenn., who put the expected request at $160 billion, said such a sizable increase still "won't solve the problem" in Iraq.

Overall, he said, "we're easily headed toward $600 billion." That would top the $536 billion cost of Vietnam in today's dollars. World War II cost an inflation-adjusted $3.6 trillion.

4 comments:

Kvatch said...

Hey James...totally off topic, but I just wanted to stop by and wish you and your's a happy Thanksgiving!

james said...

Kvatch:

I appreciate your thoughtful wishes. We had a great Thanksgiving. Generally, I haven't liked Thanksgiving over the years.

However, this years was quite enjoyable. The best one yet I would say.

Friend, I hope yours was just as good.

Snave said...

Bush is disgusting. He just doesn't get it, and I doubt he will.

Major Conflict posted a well-written item by none other than GOP Senator Chuck Hagel. It is worth checking out at:

http://majorconflict.blogspot.com/

It is good to hear people from the Republican party speaking up against the insanity.

And yes, haven't Bush's wars done a nice job of taking money away from social programs here at home? What a great way to financially starve them out of existence, by waging endless war! Well... I think American voters are wising up to that crapola, and getting tired of hearing the same old same old. I think Bush crossed the line from "sticking to your guns" into the realm of stupidity about the time he was born.

james said...

Snave:

Yeah I don't mind Chuck Hagel either. He's seems to be one of the only level headed "Republicans" out there right now.

Great points on Bush. He is the worse president EVER!!!

I'll have to check out that right up.