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Politics : The Iraq War And Beyond -- Ignore unavailable to you. Want to Upgrade?


To: Raymond Duray who wrote (1564)10/31/2003 8:50:12 AM
From: Ed Huang  Read Replies (1) | Respond to of 9018
 
Yep, your leaders are now pleading for more tax billion$ from your pockets and will make more laughingstock for you, Ray. Stay tuned<g>

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House Passes Iraq Spending Bill; Senate Next
Fri October 31, 2003 03:54 AM ET

(Page 1 of 2)

By Vicki Allen
WASHINGTON (Reuters) - The U.S. House of Representatives gave final approval on Friday to $87.5-billion legislation to occupy and rebuild Iraq, handing President Bush a major victory despite concerns he has charted a perilous, costly course.

The House voted 298-121 shortly after midnight for the huge bill that offers Bush money to support troops and undertake the country's massive rebuilding for up to a year amid mounting skepticism in the U.S. Congress and among the public of a successful outcome.

The U.S. Senate was expected to follow on Monday, sending Bush the measure that backed his plan for a no-strings grant for Iraq's reconstruction instead of loans to be repaid from its future oil wealth.

The bill largely gave Bush what he wanted, providing $65 billion for U.S. troops in Iraq and Afghanistan.

But lawmakers trimmed his $20.3 billion plan for Iraq's rebuilding to $18.6 billion, set stricter demands for the administration to account for how the money was used, and tightened requirements for competitive bidding on contracts.

Bush faced down the only serious challenge to his proposal, defeating a rebellion by a number of Republicans and almost all Democrats who said Iraq should repay half of the bill's nearly $20 billion to rebuild its infrastructure.

The White House had threatened to veto the entire bill if it contained loans, which it argued would undermine efforts to stabilize Iraq, prolong the U.S. occupation, and burden Iraq with more debt. Continued ... 1| 2 Next

reuters.com