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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: sylvester80 who wrote (26594)8/27/2003 10:21:31 PM
From: mishedlo  Read Replies (3) | Respond to of 89467
 
Bush Might Soon Seek Extra Iraq Funding
apnews.excite.com

Where Did All The Money Go? (mish question)

The Bush administration may ask Congress next month for a few billion more dollars for Iraq reconstruction, officials said Wednesday, only a few weeks after the Pentagon said extra money would not be needed at least until the new budget year begins in October.

The administration has been saying for weeks that it expects to request billions in emergency funding for Iraq during the 2004 budget year, but until now it had insisted enough money was available through September to pay for civic projects like repairing utilities and schools.

In fact, as recently as Aug. 4 the Pentagon had estimated that $4 billion of the $62.6 billion in emergency funding it received in April would be left over when the budget year ends Sept. 30.

Where did $4B go in three weeks? (mish question)

Bremer told The Washington Post on Tuesday that it would take years and "several tens of billions" of dollars from outside Iraq to get the country functioning again. Bush said Tuesday it would take a "substantial commitment of time and resources," but he offered no figures.

Mish question: Hmmm is this one of those thing where you just say "substantial" and if "substantial" is never disclosed it somehow does not go into the budget deficit (until later audits find it)?

At any rate how do you lose $4B in a couple weeks?
Where did it go?
Enquiring minds want to know.

M