Political Quotes

John Spratt: $74.7 billion seems sufficient to wage war for quite some time, but when it is broken down, there is less than meets the…

On the recordApril 3, 2003
$74.7 billion seems sufficient to wage war for quite some time, but when it is broken down, there is less than meets the eye. Of the $74.7 billion, $62.6 billion goes to DoD. Of the $62.6 billion allocated to DoD, $30.3 billion goes to cover ``sunk cost,'' which the supplemental calls ``coercive diplomacy.'' Of the remaining $32.3 billion: $13.1 billion is allocated for a ``short, extremely intense period of combat operations''; $12 billion is allocated for post-war ``mopping up'' and phasing the combat force into an occupation force; $7.2 billion is allocated for redeployment, replenishment of munitions, and repair of weapon systems. Of the $7.2 billion, about $1.1 billion goes to Iraq's reconstruction. In addition, $7.8 billion is allocated out of the $74.7 billion for aid and humanitarian assistance to Israel and Jordan and other nations as well as post-war Iraq. Out of this $7.8 billion, some $2.4 billion is identified for reconstruction and humanitarian aid to Iraq. Added to the $1.1 billion, this makes aid to post-war Iraq equal to about $3.5 billion. One must conclude, therefore, that this supplemental is probably a first installment on the cost of this war. The supplemental will not cover (1) the cost of combat lasting more than 2-3 months, (2) the cost of prolonged occupation by a sizeable force, or (3) our likely share of the post-war reconstruction and humanitarian aid.
Said by
John Spratt
South Carolina

Editor's note · Context

Discussing the allocation of funds in a supplemental appropriations bill for military operations and reconstruction.

Share

More from John Spratt

Dec 8, 2009

Failed Republican economic policies had brought the financial system dangerously close to a complete meltdown and had driven the economy into its deepest recession since the 1930s.

congress.gov
Dec 8, 2009

I want to thank Congresswoman Gwen Moore for suggesting this hearing and for her role in bringing it about and putting it together.

congress.gov
May 20, 2009

Over the last year and a half some truly extraordinary steps have been taken, including the so-called TARP program, the Recovery Act program, and the Fed's own actions to make an extraordinary amount of collateralized loans to its member…

congress.gov
Mar 24, 2009

He is very helpful to us. Has been. A wonderful individual to work with.

congress.gov

Other voices in this conversation