Report: Bush to seek nearly $200 billion for wars in fiscal 2008
Above: A soldier with the 73rd Cavalry Regiment passes an Iraqi family during a foot patrol in the village of Mukisa earlier this month.
After smothering efforts by war critics in Congress to drastically cut U.S. troop levels in Iraq, President Bush plans to ask lawmakers next week to approve another massive spending measure -- totaling nearly $200 billion to fund the wars in Iraq and Afghanistan through 2008, Pentagon officials said.
If Bush's spending request is approved, 2008 will be the most expensive year of the Iraq war...
The Bush administration said earlier this year that it probably would need $147.5 billion for 2008, but Pentagon officials now say that and $47 billion more will be required. Secretary of State Robert Gates and other officials will formally present the full request at a Senate Appropriations Committee hearing Wednesday.
The funding request means that war costs are projected to grow even as the number of deployed combat troops begins a gradual decline starting in December. Spending on the wars in Iraq and Afghanistan will rise from $173 billion this year to about $195 billion in fiscal 2008, beginning Oct. 1.
Read the rest at the Chicago Tribune
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After smothering efforts by war critics in Congress to drastically cut U.S. troop levels in Iraq, President Bush plans to ask lawmakers next week to approve another massive spending measure -- totaling nearly $200 billion to fund the wars in Iraq and Afghanistan through 2008, Pentagon officials said.
If Bush's spending request is approved, 2008 will be the most expensive year of the Iraq war...
The Bush administration said earlier this year that it probably would need $147.5 billion for 2008, but Pentagon officials now say that and $47 billion more will be required. Secretary of State Robert Gates and other officials will formally present the full request at a Senate Appropriations Committee hearing Wednesday.
The funding request means that war costs are projected to grow even as the number of deployed combat troops begins a gradual decline starting in December. Spending on the wars in Iraq and Afghanistan will rise from $173 billion this year to about $195 billion in fiscal 2008, beginning Oct. 1.
Read the rest at the Chicago Tribune
Related Link:
GAO: Equipment loss puts world-wide U.S. military readiness at risk
Related Link:
Pentagon facing cash crunch in October
Related Link:
CBO Report: Iraq war costs could top $1 trillion
Related Link:
Report: 90% of urgent gear requests not making it to Marines in field
Related Link:
Treasury Secretary Paulson: U.S. may default uness $9 trillion debt limit raised by October
Related Link:
CRS Report: $12 billion monthly for Iraq, Afghanistan; 2007 cost for Iraq of $166 billion a 40% increase over 2006
Related Link:
CRS Report: Iraq costs now at $10 billion monthly; Total cost will pass 1/2 trillion in 2008
Related Link:
Bush signs Democrat-controlled Congress' $95 billion bill to fund the war with no restrictions through September
Related Link:
General Speakes: Proposed budget cut threatens military modernization
Related Link:
General Speakes: Billions still expected for reset, new weapons
Related Link:
General Keys: Air force fleet wearing out, risk of catastrophic failure
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Opinion (Ron Hutcheson): $564 billion, and counting
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Report: Navy can’t afford proposed fleet
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Army: Vehicle, gear stockpiles at 5-year low
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White House trades new weapons for armor kits, vehicles
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CRS Study: $607 billion spent/allocated so far for Iraq, Afghanistan
Related Link:
Pace: Equipment shortage could last years after Iraq war
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General: Army lost 130 helicopters in Iraq , Afghanistan; Says 'The U.S. is not at war, the military is at war'
Related Link:
Perspective: Incoming Marine units getting retrograde equipment
Related Link:
Army wants more money above the $26 billion for 2007-2008 equipment repair and replacement
Related Link:
Marines to place $3.7 billion order for 3,700 MRAP vehicles in Iraq by 2009
Related Link:
Analysis: Supplemental shell game balloons defense spending to $716 billion
Related Link:
Bush seeks $245 billion more for war
Related Link:
Guard chief warns of dangerous equipment shortage in U.S.; 90% domestic units have less than half of that needed
Related Link:
Perspective: 25% of Iraq budget for equipment
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Perspective: War on a credit card
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Perspective: War costs are hitting historic proportions
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Pentagon: War cost to rise to $8.5 billion per month
Related Link:
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Perspective: Lack of equipment for surge troops may increase casualties
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