Wednesday, October 27, 2004

Bush Misleads On Cost Of War

Before the invasion of Iraq, the Bush administration told the American people that it could be fought on the cheap. Deputy Secretary of Defense Paul Wolfowitz said "We are dealing with a country that can really finance its own reconstruction and relatively soon." Budget Director Mitch Daniels said Iraq will be "an affordable endeavor","that will not require sustained aid" and cost "in the range of $50 billion to $60 billion." Defense Policy Board Member Richard Perle said, "Iraq is a very wealthy country...They can finance, largely finance, the reconstruction of their own country." They were all wrong. The Washington Post reports "the Bush administration intends to seek about $70 billion in emergency funding for the wars in Iraq and Afghanistan early next year, pushing total war costs close to $225 billion since the invasion of Iraq early last year."

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