Show Us the Money

Source Article

by mcjoan
Fri Apr 28, 2006 at 10:35:34 AM CST

The Washington Post reports on another scandal today, one more along the usual lines of Republican chicanery, this one dealing with money. Lots and lots of taxpayers' money.

The cost of the war in Iraq will reach $320 billion after the expected passage next month of an emergency spending bill currently before the Senate, and that total is likely to more than double before the war ends, the Congressional Research Service estimated this week. . . .

Once the war spending bill is passed, military and diplomatic costs will have reached $101.8 billion this fiscal year, up from $87.3 billion in 2005, $77.3 billion in 2004 and $51 billion in 2003, the year of the invasion, congressional analysts said. Even if a gradual troop withdrawal begins this year, war costs in Iraq and Afghanistan are likely to rise by an additional $371 billion during the phaseout, the report said, citing a Congressional Budget Office study. When factoring in costs of the war in Afghanistan, the $811 billion total for both wars would have far exceeded the inflation-adjusted $549 billion cost of the Vietnam War.

Yglesias picks up on the really interesting part of the story:

The report apparently contains such phrases as "These factors, however, are not enough to explain a 50-percent increase of over $20 billion in operating costs" and "These reasons are not sufficient, however, to explain the level of increases." Relatedly, the Post reports that "Of the total war spending, the CRS analysis found $4 billion that could not be tracked. It did identify $2.5 billion diverted from other spending authorizations in 2001 and 2002 to prepare for the invasion." I'm fairly sure you're not allowed to "divert" money from other spending authorizations, and you're certainly not supposed to lose $4 billion in untrackable spending. Nor does it sound entirely appropriate for the Pentagon to be running its operation in such a way that the CRS can't discern the causes of 50 percent spending increases.

Can you say "Halliburton?"