Friday, September 29, 2006

488 Billion defense bill passed

$70B for Iraq and Afganistan, will reach $110B.

The bill, now on its way to the White House for President Bush's signature, totals $448 billion. It was passed by a 100-0 vote after minimal debate.

Approval by a comfortable margin came despite intense partisan divisions over the course of the Iraq war, which is costing about $8 billion a month. Another infusion of money will be needed next spring.

The House-Senate compromise bill provides $378 billion for core Pentagon programs, about a 5 percent increase, though slightly less than President Bush asked for. The $70 billion for Iraq and Afghanistan is a down payment on war costs the White House has estimated will hit $110 billion for the budget year beginning Oct. 1

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