Thursday, December 20, 2007

Talk About Wasting Money ...

George W. Bush claims that the Democratic-led Congress is wasting time and taxpayers’ money on priorities that aren’t in keeping with his own. But it’s Bush’s mammoth special-interest expenditures--especially on the disastrous Iraq occupation--that are really draining U.S. government coffers, and harming the nation’s future. From the information network OneWorld:
Congress’ approval Wednesday of $70 billion more for the wars in Iraq and Afghanistan mean the twin conflicts are now more costly to American taxpayers than the war in Vietnam.

According to a study by the Washington-based Center for Arms Control and Non-Proliferation, Congress has now approved nearly $700 billion for the wars in Iraq and Afghanistan.

“Using inflation-adjusted dollars, the total cost of those wars has now surpassed the total cost of the Vietnam war (which ran to $670 billion),’ the group’s Travis Sharp told OneWorld. “It’s also more than seven times larger than the Persian Gulf War ($94 billion) and more than twice the cost of the Korean war ($295 billion).”

As a result of Wednesday’s vote, Sharp said, the wars in Iraq and Afghanistan will become the second costliest conflict in American history, trailing only World War II.
Read the whole story here.

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