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NY Daily News- Cost of war: $98B a month
Monday April 24, 2006From NY Daily News:
Cost of war: $98B a month According to a recent report by the Congressional Research Service, the combined costs of war in About 80% of the cash goes to The White House is planning to ask for an additional $50 billion next year, and the center predicts if the situation does not improve, the In spite of those grim projections, leaders in both parties predicted Congress would pass President Bush's request. "You have to pay whatever it takes," said Rep. Peter King (R-L.I.), chairman of the Homeland Security Committee. "Once the troops are committed ... you have to spend whatever it takes." A large part of the skyrocketing expenses for a war the administration had predicted would be relatively quick is blamed on booming maintenance and equipment costs as machinery breaks down under tough desert use. Democrats, unwilling to look soft on defense, agree the military will get its money. But forced to approve billions more for a war rapidly losing public support, they were set to highlight what they see as failures of the GOP and White House when the Senate debates its version of the bill, which the House passed last month. "The administration has failed basic accounting," said Jim Manly, a spokesman for Senate Minority Leader Harry Reid (D-Nev.), adding that the White House should be paying for the The Democrats also plan to push other issues in the debate that they see as real emergencies, including spending on flu preparedness, port and border security and veterans health care. King admitted the combination of falling public support and soaring costs makes for a painful political outlook for the GOP, building incentive to call for a withdrawal. "Sure, there's going to be pressure," he said. "But whether it's popular or not, you have to follow through." The House version of the bill is priced at $92 billion, including Hurricane Katrina relief. The Senate proposal is up to $106 billion. |
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