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Senate Democrats Blast Bush on Iraq

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I AM SPARTACUS Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-16-03 12:11 AM
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Senate Democrats Blast Bush on Iraq
http://www.nytimes.com/reuters/news/news-iraq-usa-congress.html

<snip...>
WASHINGTON (Reuters) - Senate Democrats criticized President Bush on Tuesday for spiraling costs of the Iraq war and for not seeking more international help in Iraq's rebuilding in the face of skyrocketing U.S. budget deficits.

The charges came as the White House tried to deflect accusations that it exaggerated intelligence on Iraq's weapons to justify the war and announced that the federal deficit will balloon to a record $455 billion this fiscal year.

Sen. Mark Dayton, a Minnesota Democrat, said the deficit grew from ``the most colossal financial mismanagement that's ever been written in this country's history,'' and called for ``a clear, direct and reliable accounting'' of the war's costs.
<snip...more>
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lfairban Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-16-03 01:02 AM
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1. I heard on Mike Malloy that . . .
. . .the $455 B was so far this year. The deficit will be about $700 Billion this year.
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copithorne Donating Member (551 posts) Send PM | Profile | Ignore Wed Jul-16-03 01:09 AM
Response to Reply #1
2. Love the headline!
Let's see more!

But I don't think Mike Malloy is accurate -- it isn't $455Billion so far this year -- that is the administration's full year projection. With Iraq & Afghanistan it will be $500Billion. Then there is no way the economy will do what the Bush administration is projecting. So maybe $550 - $600 Billion from a moderately pessimistic view.
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