Saturday, March 03, 2007

Lost Opportunities: Bush Defense Spending is Misplaced

 
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AS OF 2004

Iraq War Topping $5.8 Billion A Month (click on)
United Press International
November 18, 2004

WASHINGTON - The Pentagon is spending more than $5.8 billion a month on the war in Iraq, according to the military's top generals.

That is nearly a 50 percent increase above the $4 billion-a-month benchmark the Pentagon has used to estimate the cost of the war so far.

The Army alone is spending $4.7 million a month while the Air Force is spending $800 million a month transporting soldiers and flying combat missions. The Marine Corps is spending $300 million a month, the four service chiefs told the House Armed Services Committee Wednesday.

Since 2003, the Pentagon has received some $160 billion for the wars in Iraq and Afghanistan in supplemental funding -- that is, in addition to its annual budget. It will be requesting another multibillion-dollar supplement early next year to cover the continuing cost of the war.