| Clyburn Statement on CBO's War Projection Costs
Thursday, October 25, 2007
 Printable Format
WASHINGTON, DC – House Majority Whip James E. Clyburn today released the following statement in response to a Congressional Budget Office (CBO) report which estimates that the Iraq and Afghanistan Wars could cost American taxpayers $2.4 trillion through the next decade.
“Yesterday’s CBO report confirms that President Bush has neither the desire nor the discipline to implement fiscally responsible policies that create and sustain the record surpluses that his Administration inherited. This Administration’s failure to accurately forecast the severe financial ramifications of going to war in Iraq is a terrible disservice to the American people and our troops serving in harms way.
“In 2003, this Administration incorrectly predicted that the Iraq War would cost no more than $50 billion. Four years, $600 billion, and nearly 4,000 U.S. war fatalities later, President Bush has failed to deliver on his promises of redeploying our troops and curtailing sectarian violence.
“With this war escalating closer to cataclysmic levels, now is not the time for this President to request billions more in funding for an open-ended war policy that has left thousands dead and our budget in the red.”
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