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Those Spend but Don't Pay for It Republicans
"Harry Krause" wrote in message
... Another Republican trying to bankrupt us and our children... Bush's $87 billion figure is the largest emergency spending request since the opening months of World War II, according to Pat Towell, a defense fellow at the Center for Strategic and Budgetary Assessments. The emergency spending act that followed the attacks of Sept. 11, 2001, and the launching of the war in Afghanistan totaled $20 billion. To put it in perspective, Bush hopes to spend more in Iraq and Afghanistan than all 50 states say they need -- $78 billion -- to finance the budget shortfalls they anticipate for 2004. The request is higher than the $74 billion the Defense Department plans to spend on all new weapons purchases next year, and higher than the $29.5 billion the Education Department hopes to spend on elementary and secondary education plus the $41.3 billion the administration plans to spend to defend the homeland. With $166 billion spent or requested, Bush's war spending in 2003 and 2004 already exceeds the inflation-adjusted costs of the Revolutionary War, the War of 1812, the Mexican War, the Civil War, the Spanish American War and the Persian Gulf War combined, according to a study by Yale University economist William D. Nordhaus. The Iraq war approaches the $191 billion inflation-adjusted cost of World War I |
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