[lbo-talk] Bush seeks $100b for wars

Doug Henwood dhenwood at panix.com
Fri Feb 2 18:35:48 PST 2007


[gotta love the starkness of the headline]

Bush seeks $100 billion for wars in 2007 By Caren Bohan

Fri Feb 2, 6:07 PM ET

WASHINGTON (Reuters) - President George W. Bush will ask Congress for $99.7 billion for the Iraq and Afghanistan wars for the rest of fiscal year 2007 and more than $145 billion for fiscal year 2008, a Bush administration official said on Friday.

The administration official, who spoke on condition of anonymity, also said Bush would estimate the costs for the Iraq war at $50 billion for fiscal year 2009. Bush will unveil those numbers when he presents his annual budget to Congress on Monday.

The nearly $100 billion in war spending for 2007 comes on top of $70 billion that Congress already approved, totaling $170 billion and making this year the most expensive yet for the war.

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