Political Quotes

On the recordJuly 14, 2003
That is right, a minimum of 4 years. That is $50 billion a year if my math works, and I still I think I am pretty good at it. That comes to $200 billion on the occupation side of Iraq. We spend $12 billion, $12 billion on just college assistance at the Federal level, $12 billion versus $200 billion. Two billion dollars would give health insurance to every uninsured American and guarantee a bare minimum for the other, not just the 42 million but those who are actually being cut from the rolls. There is much that we can do here at home for that same cost, not that we are not for the reconstruction of Iraq. Now that we have won the war, I think we all believe that it is pretty essential to invest in Iraq's future, but, remember, this is the very time that we are going to invest. This is $50 billion we are going to spend now on Iraq this year for the occupation. Our colleagues and a number of them have a rebuild America account for $50 billion to be roads, bridges, economic development, investment in infrastructure to move people and goods and services. We will not find the money for that. Yet we are going to do more deficit financing and burden our country with debt to build $50 billion worth of occupation resources for Iraq.
Said by
Rep. Rahm Emanuel
Illinois

Editor's note · Context

Discussing the financial implications of U.S. spending on the Iraq occupation versus domestic needs.

Share

More from Rep. Rahm Emanuel

Sep 18, 2007

in Alan Greenspan's recently released memoir, President Bush and the Republicans in Congress come in for some sharp criticism. Reuters said of the book, ``Mr. Greenspan sharply criticizes President Bush's administration and Republican…

govinfo.gov
Sep 7, 2007

Right before our break, we passed and sent to the President comprehensive innovation legislation that allowed America to maintain its lead in the area of technology and investment in the R&D of this country. With this legislation, the…

govinfo.gov
Oct 3, 2007

the President has asked for another 190 billion more dollars for the war in Iraq. That's 190 billion more dollars for more of the same. For 41 days for the cost of the war, 10 million American children would get their health care. For 1…

govinfo.gov
May 14, 2008

In 2005, when the Republican Congress passed the President's energy bill, let me tell you what some folks said. The minority leader at that time says, ``This will lower energy prices for consumers.'' The minority whip, Mr. Blunt, said…

govinfo.gov

Other voices in this conversation