Economic advisors to Congress warn the cost of U.S.-led war on terror could exceed $2 trillion over the next 10 years. Much of that funding comes from money borrowed overseas, and the non-partisan Congressional Budget Office says it would be best to start paying for the war now and not let the debt grow. From Washington, Margaret Besheer has more @ Voice of America.
"The truth is that this administration from its original $50 billion estimate on the cost of the war in Iraq right through the estimates being made outside this committee today, consistently low-balls, misstates to the American people the true cost of the dollars, and of course, the true cost in blood that we are paying for this go-it-alone misadventure," said Democratic Congressman Lloyd Doggett of Texas.
The White House brushed off the estimate as speculation, but admitted that it did not know how much the war would cost. Read on @ Yahoo News
2 comments:
Mission Accomplished.
well of course they will low-ball the estimates! who would be stupid enough not to?
maybe if the nation actually had an income, instead of the almost nothing they have now...
Post a Comment