Bush complaining about $50 billion for kid's health while pushing for $200 billion for Iraq [View All]

Bush's radio address today: http://www.whitehouse.gov/news/releases/2007/09/20070922.html

"The proposal congressional leaders are pushing would raise taxes on working Americans and would raise spending by $35 to $50 billion . . . we can do our duty to spend the taxpayer's money wisely."



Bush To Seek Additional Funding For Iraq War

9/23/2007 -- The year 2008 is likely to be the most expensive year of the Iraq war, if the Congress approves President Bush's request for an additional $47 billion for war funding, bringing next year's anticipated total war costs to nearly $200 billion, The Los Angeles Times reported on its website late Saturday.

Earlier this year, the Bush administration placed its estimates for the Iraq war for fiscal 2008, which begins Oct. 1, at $147.5 billion. The full estimate for the Iraq war is expected to be presented by the Secretary of Defense Robert Gates and other officials at a Senate Appropriations Committee hearing Wednesday.

Due to additional combat forces deployed to Iraq this year and because of efforts to accelerate the production of new technology, such as mine-resistant trucks designed to protect troops from roadside bombs, U.S. war costs have been on the rise.

In 2004, the wars in Iraq and Afghanistan together cost $94 billion and it cost $108 billion in 2005 and in 2006 the war costs totaled $122 billion.

http://www.rttnews.com/FOREX/politicalnews.asp?date=09/23/2007&item=6