Wednesday, October 24, 2007

Better Call The Bank

USAToday (10.24.07):
"The cost of the wars in Iraq and Afghanistan could total $2.4 trillion through the next decade, or nearly $8,000 per man, woman and child in the country, according to a Congressional Budget Office estimate scheduled for release Wednesday.

A previous CBO estimate put the wars' costs at more than $1.6 trillion. This one adds $705 billion in interest, taking into account that the conflicts are being funded with borrowed money."

War costs may total $2.4 trillion

"The new estimate also includes President Bush's request Monday for another $46 billion in war funding, said Rep. John Spratt, D-S.C., budget committee chairman, who provided the CBO's new numbers to USA TODAY."

Spratt's Committee had a hearing today about these new numbers. Guess the Republican members didn't get the notice because none of them showed up.

Oh wait. They did get notice (h/t ThinkProgress).

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