Tuesday, September 09, 2003

Administration: The Additional $87 Billion Is Still Short Of What Is Needed


The White House acknowledged Monday that it substantially underestimated the cost of rebuilding Iraq and that even the additional $87 billion it was seeking from a wary Congress would fall far short of what is needed for postwar reconstruction.

Administration officials said President Bush's emergency spending request — which would push the U.S. budget deficit above the half-trillion-dollar mark for the first time — still left a reconstruction funding gap of as much as $55 billion.

El - Haliburton's comment - "Bring'em on."


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