8/27/06

More on cost of Bush's ongoing war and occupation

Remember that famous statement by the US Deputy Defense Secretary about 3-an-a-half years back? "We're dealing with [Iraq] a country that can really finance its own reconstruction, and relatively soon."- Paul Wolfowitz

And the official White House claim before the invasion of Iraq of what the war and occupation would cost U.S. taxpayers: $50 billion

As of July 2006, the total amount appropriated by Congress for Bush's ongoing war and occupation: Over $295 billion

And if I can direct you to the right side of this blog, you'll see the running cost of the war in Iraq is currently surpassing $310 billion, since current Pentagon spending in Iraq runs at $6 - 8 billion per MONTH

Assuming all troops return home by 2010, the projected "real costs" for the war: More than $1 Trillion (if we includes veterans' pay and medical costs, interest on the billions President Bush has borrowed to pay for his war, etc.)

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