$1.9 Trillion for Iraq War, Says CBO
Washington, Oct 24 - Congressman Dennis Kucinich (D-OH) released the following statement in response to a new Congressional Budget Office (CBO) report showing the Iraq war could total $1.9 trillion through 2017.
“With the price of housing, education and health care continuing to rise, imagine what we could do if we had an extra $1.9 trillion to spend on these domestic priorities. Imagine how many students could receive a four-year, quality, college education. Imagine how many people could receive affordable, high-quality health care. Imagine how many homeless people would now have a home,” Kucinich said.
“With the price of housing, education and health care continuing to rise, imagine what we could do if we had an extra $1.9 trillion to spend on these domestic priorities. Imagine how many students could receive a four-year, quality, college education. Imagine how many people could receive affordable, high-quality health care. Imagine how many homeless people would now have a home,” Kucinich said.
Congress has appropriated $604 billion to date for the wars in Iraq and Afghanistan with about $412 billion spent in Iraq, according to the CBO. The CBO is a nonpartisan, in-house budget analyst for Congress.
CBO estimated that between 2008 and 2017, the wars could cost slightly more than $1 trillion, assuming overall troop strength is cut to 75,000 by 2013, according to Reuters News. The CBO also estimated that the interest costs alone could total more than $700 billion -- or nearly $8,000 for every individual in the country.
“The Democratic leadership in Congress has the power right now to tell the President: “We will not give you one more dime for this war. We do not have to keep funding this illegal and immoral war. It does not take a vote.”
“Each year this war is getting more and more costly – both in the amount of money spent and in the number of lives lost. There is no end in sight. The President’s current request of $196 billion for one year alone will only continue to keep us on a path of destruction and chaos.
“Where’s Congress? When will Congress stand up and end the war?” Kucinich concluded.