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President Bush has plans to ask Congress next month for up to another $50 Billion for the war in Iraq, according to an article in the WashingtonPost.com website. Which would be an amount added on top of about $460 Billion for the fiscal year of 2008 defense budget and $147 Billion in a pending supplimental bill to fund the wars in Iraq and Afghanistan. He is expected to announce his request of an additional $50 Billion after the Congressional hearings that are scheduled for mid September when Petraeus and Crocker will give their Iraq progress report.
If the President gets his way, it will mean the revised supplimental bill would be about $200 Billion, meaning the cost of war in Iraq would now exceed $3 Billion each week that the U.S. is paying.
Get the full article at: www.wahingtonpost.com Article posted on Aug. 29,2007.