Friday, July 23, 2004

Congress debates $100 billion Iraq cost

As the costs of fighting and rebuilding in Iraq keep mounting by the billions, lawmakers and policy makers are debating how much more will be needed and whether money used so far was well spent.At least $100 billion already has been spent or is in the pipeline for the now 16-month-old campaign, according to Defense Department figures. That's $67.7 billion obligated for military expenses as of March, when the last figures were available, and an estimated $16 billion since then, based on spending at a rate of about $1 billion a week. Another $18.6 billion has been approved but largely unspent for reconstruction. Thanks god the U.S. is in such a great shape that's we don't need these billions at home....

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