Friday, February 03, 2006

The Cost of Failure

How Much Does It Cost
Not to Find Osama or Any WMDs?


WASHINGTON (AP) - The Bush administration will ask Congress for $120 billion more for the wars in Iraq and Afghanistan and $18 billion more for hurricane relief this year.

The White House acknowledges the upcoming requests would cause total spending on the wars in Iraq and Afghanistan since Sept. 11, 2001, to soar well past the $400 billion mark.

About $70 billion of the new war money will be requested for operations in Iraq and Afghanistan this year, bringing total spending on the two campaigns to $120 billion for the current budget year. The other $50 billion in new war money will be set aside in the 2007 budget for the first few months of the fiscal year that begins Oct. 1. More money will likely be needed in 2007.