War costs up to $2.4 trillion by 2017; Administration uses S. Korea as example of long-term presence

[dajoki]

Congress told of war costs up to $2.4 trillion by 2017
Eric Rosenberg
Hearst Newspapers
Published: Thursday, October 25, 2007
http://www.registerguard.com/csp/cms/sites/dt.cms.support.viewStory.cls?mid=6868

<<snip>>

Peter Orszag, director of the Congressional Budget Office, told the panel that costs could run between $1.7 trillion and $2.4 trillion through 2017.

CBO is a nonpartisan agency that works for Congress.

This cost “is way beyond any projection made at the beginning” of the Iraq invasion, said Rep. Thomas Allen, D-Maine, a committee member. Allen called the projections “astonishing” and “staggering.”

<<snip>>

Rep. Paul Ryan, R-Wis., the senior Republican on the panel, said the war spending was not excessive when viewed as a percentage of total U.S. economic output.

The White House attacked the new CBO projections, saying that they are “just a kind of speculation,” according to Dana Perino, Bush’s chief spokeswoman. “You can’t project that far into the future.”

<<snip>>

Bush administration officials have drawn the analogy between the U.S. experience in South Korea, where Americans have had troops for over 50 years, and a long-term military presence in Iraq.

[Vilis Veritas]

1. 2017

Yippee Kai Yai Yah - Muther F'ker...

[incapsulated]

2. Yay.

They need a new marketing team if that is the best slogan they can come up with: 40 more years.