Tuesday | March 18, 2003
$90 billion for war
Bush will ask Congress for $90B for War after the shooting starts. And, that number assumes just one month of combat. While some of that money would go to homeland security and aid to Israel, the bulk of it -- over $80 billion, would be for combat operations.
This expense will push the budget deficit well into the $400 billion range, and that's assuming a short war. The occupation and reconstruction will likely cost hundreds of billions more, not all of it recoverable by Iraqi oil revenues.
And Bush's plan to pay for it all? More tax cuts.Posted March 18, 2003 07:19 AM | Comments (47)