Just in case you're keeping track, we're spending a lot of money. A LOT of money...
Bush Is The Biggest Spender Since LBJ
George W. Bush, despite all his recent bravado about being an apostle of small government and budget-slashing, is the biggest spending president since Lyndon B. Johnson. In fact, he's arguably an even bigger spender than LBJ. "He's a big government guy," said Stephen Slivinski, the director of budget studies at [...]
Digging out the old crystal ball, CBO has some new estimates on what we're talking about, dollar-wise, for the skirmishes in Iraq and Afghanistan. Hope you're not eating. This is stomach-turning stuff. The cost if we're stuck there until 2017. Just follow the link - I'm not going to pull a quote because you really need to read it all, particularly the breakdown of what that amount really means...
Iraq + Afghanistan=$2.4 Trillion
Then, (ya have to love it) the White House basically says,"don't worry. It's just a wild guess." Sure...
White House On $2 Trillion Iraq War: ‘Not Worried About the Number’
The Congressional Budget Office (CBO) reported today that “total spending for U.S. operations in Iraq and Afghanistan and other activities related to the war on terrorism would amount to between $1.2 trillion and $1.7 trillion for fiscal years 2001 through 2017.” With $705 billion in interest, the cost of the wars could amount to $2.4 [...]
Conservatives too busy for hearing on Iraq war’s cost.
White House staffers aren’t the only ones “not worried” about the ultimate cost of the Iraq war. The Republicans in Congress seem equally apathetic. The House Budget Committee held a hearing today to receive testimony regarding the CBO’s estimate that the Iraq and Afghanistan wars may total $2.4 trillion. Only one Republican member of the [...]
Tags: Government Spending, U.S. Budget, LBJ, GWB
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