Bush Administration's War Spending Nears Half Trillion Dollars

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Bush Administration's War Spending Nears Half Trillion Dollars

President Asks Taxpayers for Another $65 Billion for Iraq and Afghanistan

Feb. 16, 2006 — In a single year, it is difficult to measure overall progress in the war on terror. But ABC News has learned today that President Bush will ask Congress for an additional $65.3 billion for operations in Iraq and Afghanistan. It brings the total funds requested this year to more than $110 billion for those operations.

This is fourth time in three years that the Bush administration has asked for additional funds for Iraq and Afghanistan, and this time the figure is even higher than expected.

The $65 billion requested is $2 billion higher than expected.

Of that amount, $38 billion will be spent for ongoing military operations, with $11 billion going to repair and replenish war-fighting equipment ravaged by wear and tear.

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http://abcnews.go.com/WNT/IraqCoverage/story?id=1629118&CMP=OTC-RSSFeeds0312