January 29, 2004
#278 - The Cost of War, Part 2
Via Reuters, "Bush Sees No Need for More Iraq Funds Before 2005"
The White House said on Friday it has no plans "at this point" to seek more money this year for military operations in Iraq, putting off any politically sensitive request until Congress convenes in 2005 after the U.S. presidential election.Budget analysts and congressional sources said President Bush may need $40 billion or more in emergency supplemental funding in fiscal year 2005 -- on top of the $400 billion military budget he will send to Congress next month.
White House spokesman Scott McClellan would not comment on any fiscal 2005 request, saying only that "there are no plans for a supplemental at this point in (calendar year) 2004 ... And we've told members of Congress this."
The 2005 fiscal year will start Oct. 1.
And unless we do something about it, Bush's requests for emergency supplemental funding will start Nov. 3.
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