War Costs Exceed Budget, Watchdog Panel Says

[evworldeditor]

<snip>

In March, the administration estimating the cost of keeping soldiers in Iraq at $4 billion a month. But the costs have risen to about $5.5 billion a month, according to Congressional budget analysts, largely because attacks against American forces and the new Iraqi government show no sign yet of abating.

The G.A.O. estimate on military spending in Iraq is almost the exact opposite of the budget outlook for reconstruction. Congress approved $18.7 billion for reconstruction in Iraq and Afghanistan, most of that for Iraq, but only a few billion have actually been spent.

<snip>


http://www.nytimes.com/2004/07/22/politics/22cost.html

[Moderator]

1. Please edit your subject line

When posting in Late Breaking News your subject line must match the the title you are linking to. You must do this fairly soon or your thread will be locked.

Thank you.

[soupkitchen]

2. Support our oops! Just to mention the $12.3 billion is unpatriotic

Its not like we're squandering on health care for children or anything liberal and decent like that.

[FlashHarry]

3. Paging Larry Lindsey!

Speak the truth--get fired.