Administration To Request Another $110 Billion For Iraq Next Year

Posted on

"Administration To Request Another $110 Billion For Iraq Next Year"

Yesterday, the White House released its FY2007 mid-session budget review with great fanfare, celebrating its projection that the deficit will be nearly $300 billion this year.

Buried within the mid-session review, the White House reveals that it will ask Congress for another $110 billion for the wars in Iraq and Afghanistan early next year. From the document:

In 2007, to fund the anticipated additional costs of operations in Iraq and Afghanistan, this Mid-Session Review assumes an additional $60 billion in budget authority will be needed later in the fiscal year, for a total allowance of $110 billion. This update also provides a $50 billion allowance for a portion of additional costs anticipated in 2008 for the Global War on Terror.

So far, the U.S. government has allocated $311 billion total to support U.S. stabilization and reconstruction efforts in Iraq.

If you add together the amounts already allocated, plus the appropriations expected to be approved this year ($116 billion) and next year, the total spending for Iraq will soon exceed $400 billion.

« »

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.