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Octavius Hite
Joined: 28 Jan 2004
Location: Househunting, looking for a new bunker from which to convert the world to homosexuality.
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 Posted: Sat Sep 22, 2007 10:34 pm Post subject: Bush to ask 195 billion to fund Iraq, Afgan wars: report |
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Hello Vietnam....
http://ca.news.yahoo.com/s/afp/070923/world/us_iraq_afghanistan_war_budget
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WASHINGTON (AFP) - The White House will ask Congress next week to approve another massive spending measure for the wars in Iraq and Afghanistan totaling nearly 200 billion dollars, The Los Angeles Times reported on its website late Saturday.
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Citing unnamed Pentagon officials, the newspaper said if President George W. Bush's spending request is approved, 2008 will be the most expensive year of the Iraq war.
US war costs have continued to grow because of the additional combat forces sent to Iraq this year and because of efforts to quickly ramp up production of new equipment, such as mine-resistant trucks, the report said.
The new trucks can cost three to six times as much as an armored Humvee, according to the paper.
The Bush administration said earlier this year that it probably would need 147.5 billion dollars for fiscal 2008, but Pentagon officials now say that and 47 billion dollars more will be required, The Times said.
That would spending on the wars in Iraq and Afghanistan at about 195 billion in fiscal 2008, which begins in October 1, an increase of around 12 percent from the 173 billion dollars spent this year.
Secretary of Defense Robert Gates and other officials are to formally present the full request at a Senate Appropriations Committee hearing Wednesday, the report said.
When costs of CIA operations and embassy expenses are added, the war in Iraq currently costs taxpayers about 12 billion dollars a month, said Winslow Wheeler, a former Republican congressional budget aide who is a senior fellow at the Center for Defense Information in Washington.
"Everybody predicts declines, but they haven't occurred, and 2008 will be higher than 2007," the paper quotes Wheeler as saying. "It all depends on what happens in Iraq, but thus far it has continued to get bloodier and more expensive."
In 2004, the two conflicts together cost 94 billion dollars; in 2005, they cost 108 billion; in 2006, 122 billion, the paper said.
The new spending request is likely to push the cumulative cost of the war in Iraq alone through 2008 past the 600-billion-dollar mark -- more than the Korean War and nearly as much as the Vietnam War, based on estimates by government budget officials, The Times said. |
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VanIslander
Joined: 18 Aug 2003
Location: Geoje, Hadong, Tongyeong,... now in a small coastal island town outside Gyeongsangnamdo!
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| Posted: Sun Sep 23, 2007 12:06 am Post subject: |
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$ 800+ U.S. per man, woman and child.  ... per year.
How could the country afford it?
Anyone concerned about taxes must hate to be Republican.
Hence Greenspan's criticisms.
War is NOT profitable for America.
Though Bush oil and the military arms companies are making money hand over fist with record arms sales and oil prices. |
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caniff
Joined: 03 Feb 2004
Location: All over the map
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| Posted: Sun Sep 23, 2007 12:18 am Post subject: |
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Big reason I choose not to live there. Although I miss many things about living in America (certainly not everything), I really don't feel like paying taxes for a venture that I never supported.
I send money for my bills, but I don't consider the 'war on terror' to be one of them. From my point of view, this does not make me an unpatriotic American. Just can't stand the greed, stupidity and carelessness with which this government operates, and all at the expense of the American people and their families' futures. |
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igotthisguitar
Joined: 08 Apr 2003
Location: South Korea (Permanent Vacation)
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igotthisguitar
Joined: 08 Apr 2003
Location: South Korea (Permanent Vacation)
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| Posted: Thu Sep 27, 2007 5:30 am Post subject: |
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"Emancipation at the price of a ruinous war and a Draconian peace."
(G.W. Johnson) |
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