August 29, 2007

$50 billion in additional funding for the war in Iraq

U.S. President George W. Bush is preparing to ask Congress for as much as $50 billion in additional funding for the war in Iraq. The request signals increasing White House confidence that it can fend off mounting congressional pressure to begin withdrawing U.S. troops from Iraq. The additional funds would come on top of about $460 billion in the fiscal 2008 defense budget and $147 billion in a pending supplemental bill to fund the wars in Afghanistan and Iraq. The request is expected to be announced next month after the top U.S. commander in Iraq, Gen. David Petraeus, and U.S. Ambassador Ryan Crocker report to Congress on the state of the war.

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