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Celebrities > Dan Quayle > Iraq has a surp...
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Iraq has a surplus; America doesn't

by gjohns01@[EMAIL PROTECTED] Mar 11, 2008 at 09:55 PM

Something else usenet Republicans will rationalize.

http://www.chron.com/disp/story.mpl/nation/5610062.html

WA****NGTON -- Iraq isn't spending much of its own money, despite
soaring oil revenues that are pu****ng the country toward a massive
budget surplus, auditors told Congress today.

The expected surplus comes as the U.S. continues to invest billions of
dollars in rebuilding Iraq and faces a financial squeeze domestically
because of record oil prices.

"The Iraqis have a budget surplus," said U.S. Comptroller General
David Walker. "We have a huge budget deficit. . . . One of the
questions is who should be paying."

Walker and the other auditors did not give a figure as to the likely
surplus. U.S. officials contend that Iraq's lack of spending is due
primarily to Baghdad's inability to determine where its money is
needed most and how to allocate it efficiently. Two senators have
called for an investigation into the matter.
 




 2 Posts in Topic:
Iraq has a surplus; America doesn't
gjohns01@[EMAIL PROTECTED  2008-03-11 21:55:41 
Re: Iraq has a surplus; America doesn't
BikeFan <mistontheloch  2008-03-11 22:57:18 

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