(Download) "Budgetary Three-Card Monte: War Spending Aside, Federal Budget Shenanigans Continue (Column)" by Veronique de Rugy * eBook PDF Kindle ePub Free
eBook details
- Title: Budgetary Three-Card Monte: War Spending Aside, Federal Budget Shenanigans Continue (Column)
- Author : Veronique de Rugy
- Release Date : January 01, 2010
- Genre: Reference,Books,Politics & Current Events,Religion & Spirituality,
- Pages : * pages
- Size : 54 KB
Description
LAWRENCE LINDSEY, President George W. Bush's first National Economic Council director, was fired in 2002 after estimating publicly that the war in Iraq could cost upward of $200 billion, about four times as much as the administration was predicting. Lindsey's numbers were off, it turns out, but not in the direction the White House claimed: The Iraq war has ended up costing at least $700 billion to date. You wouldn't be able to deduce that last number by looking through Bush's budgets. That's because his administration funded the Iraq and Afghanistan wars almost entirely through emergency supplemental bills. Emergency spending is effectively off budget, immune to caps and other constraints, and shielded from public criticism through obfuscation. Supplementals are an effective way for lawmakers to avoid making difficult tradeoffs in policy areas ranging from war to public education.
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