Cost of War
Defense Spending Needs Oversight
With the total bill for the wars in Iraq and Afghanistan projected by the Center for Strategic and Budgetary Assessments to be as high as $1.7 trillion by 2018, President-elect Obama is being urged to bring change to the Bush administration's booming defense spending. The root of the problem? Bush's decision to fund the wars via so-called "emergency spending measures" as opposed to appropriations requests. "The process has reduced the ability of Congress to exercise effective oversight. It has also tended to obscure the long-term costs and budgetary consequences of ongoing military operations," the CSBA's report says.
Comments