Bush wants $80 billion more for wars

By Alan Fram, Associated Press Writer
Tuesday, January 25, 2005 | 3 comment(s)

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WASHINGTON - As Congress started to digest a new Bush administration request of $80 billion to bankroll wars in Iraq and Afghanistan, its top budget analyst on today projected $855 billion in deficits for the next decade even without the costs of war and Bush's Social Security plan.

White House spokesman Scott McClellan said the administration would outline its request for more money for Iraq and Afghanistan later today. He would provide no detail, but congressional aides said the package would total about $80 billion and be mostly for U.S. military operations in the two countries.

Congress approved $25 billion for the wars last summer. Using figures compiled by the Congressional Research Service, which prepares reports for lawmakers, the newest request would push the totals provided for the conflicts and worldwide efforts against terrorism past $300 billion. That includes $25 billion already provided for rebuilding Iraq and Afghanistan.

McClellan said the administration would request what is needed for U.S. troops and "to support the Iraqi people as they move forward on building a democratic and peaceful future."

Amid the White House's preparations, the Congressional Budget Office predicted the government will accumulate another $855 billion in deficits over the next decade.

The projection, for the years 2006 through 2015, is almost two-thirds smaller than what congressional budget analysts predicted last fall. But the drop is largely due to estimating quirks that required it to exclude future Iraq and Afghanistan war costs and other expenses. Last September, their 10-year deficit estimate was $2.3 trillion.

The CBO also projected this year's shortfall will be $368 billion. That was close to the $348 billion deficit for 2005 that it had forecast last fall. The two largest deficits ever in dollar terms were last year's $412 billion and the $377 billion gap of 2003.

The budget office estimated if U.S. troop strength in Iraq and Afghanistan declines gradually after 2006, those wars would add $590 billion to deficits over the next decade. Including war costs, this year's shortfall should hit about $400 billion, the budget office said.

Besides lacking war costs, the budget office's deficit estimates also omitted the price tags of Bush's goal of revamping Social Security, which could cost $1 trillion to $2 trillion and dominate this year's legislative agenda.

Also left out were the price of extending Bush's tax cuts and easing the impact the alternative minimum tax would have on middle-income Americans, which could exceed $2.3 trillion, the report said.

When those items are included, Bush is a long way from his goal of cutting deficits in half by 2009, Democrats said.

"Republicans control the House, the Senate and the White House, but they can't control the budget and they can't escape responsibility for its dismal condition," said Rep. John Spratt of South Carolina, top Democrat on the House Budget Committee.

Republicans used the deficit figures to underscore the need to find budget savings this year, including from popular benefit programs, which include Medicaid.

"If we do nothing, our kids and grandkids will be overwhelmed by the costs of our inaction," said Senate Budget Committee Chairman Judd Gregg, R-N.H.

Bush won't send the war financing package to Congress until after he unveils his full 2006 budget on Feb. 7, congressional aides said.

White House officials declined to comment on the war package, which will come as the United States confronts continued violence in Iraq leading up to that country's Jan. 30 elections.

Aides said about three-fourths of the $80 billion was expected to be for the Army, which is bearing the brunt of the fighting in Iraq. It also was expected to include money for building a U.S. embassy in Baghdad, estimated to cost $1.5 billion.

One aide said the request will also include funds to help the new Afghan government combat drug trafficking. It might also have money to help two new leaders the U.S. hopes will be allies, Palestinian leader Mahmoud Abbas and Ukraine President Viktor Yushchenko.

The aides said the package Bush eventually submits to Congress will also include money to help Indian Ocean countries hit by the devastating December tsunami.

The forthcoming request highlights how much war spending has soared past initial White House estimates. Early on, then-presidential economic adviser Lawrence Lindsey placed Iraq costs at $100 billion to $200 billion, only to see his comments derided by administration colleagues.

By pushing war spending beyond $300 billion, the latest proposal would approach nearly half the $613 billion the United States spent for World War I or the $623 billion it expended for the Vietnam War, when the costs of those conflicts are translated into 2005 dollars.
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Jethro wrote on Apr 1, 2009 6:05 PM:

This is a good use of fish waste. The 8 million gallons of oil comes from fish that have already been caught and processed for other uses.

survival bumb wrote on Apr 1, 2009 5:35 PM:

nice article just think.. how the ancient Native Indians used the oil for lanterns..
here a new site..
www.alphasurvivor.com

Rawk!

Mr B wrote on Apr 1, 2009 2:29 AM:

Interesting, but one cringes at the thought of the quanitity of fish required to cook out 8 million gallons of fish oil a year. It boggles the mind.


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