TV News LIES

Friday, Mar 29th

Last update07:52:02 AM GMT

You are here News War Study Criticizes Bush Approach to War Funding, Calls for Changes

Study Criticizes Bush Approach to War Funding, Calls for Changes

E-mail Print PDF

President-elect Barack Obama's administration needs to monitor war spending much more closely than the current White House has, according to a new study that criticizes President Bush's approach to funding the Iraq and Afghanistan wars -- a bill that is projected to approach nearly $1 trillion next year.

Even with declining troop numbers in Iraq, the direct price tag of the two wars could grow as high as $1.7 trillion by 2018, the Center for Strategic and Budgetary Assessments reported last week. The defense think tank's figure does not include potentially hundreds of billions more in indirect economic and social costs, such as higher oil prices and lost wages.

The war in Iraq alone has already cost more in inflation-adjusted dollars than every other U.S. war except World War II, the CSBA found.

TVNL Comment: The war was started in order to loot this nation. The same people that privatized much of the military also profit from the private military complex of corporations.  They weakened the military and made them dependent on private companies. Then they started the wars. It was always about the money for some of them.

More...


Most Recent Related Stories...


US finishes withdrawal, meeting Aug. 31 deadline after 20 years of war

Last plane bringing troops home from AfghanistanThe last plane carrying U.S. forces left Afghanistan on Monday, meeting an  Aug. 31 deadline to withdraw...

D-Day: 17 stunning photos from 1944 show how hard the Normandy invasion really was

D-Day:Photos from Normandy On June 6, 1944, Allied forces stormed the beaches of Normandy in Nazi-occupied France during World...

Historic peace deal in Afghanistan reached with Taliban, allowing withdrawal of US troops

war in Afghanistan may end with new dealU.S. and Taliban negotiators signed an historic agreement Saturday in Qatar that could end 19 years of war...

Syria: The End Of The 'Caliphate' Doesn't Mean The End Of ISIS

ISIS territorial caliphate elimination does not mean ISIS is dead On Friday, en route to Florida aboard Air Force One, White House press secretary Sarah Sanders...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!