Bush approves $25 Billion emergency funds for Iraq 
Thursday, August 5, 2004 at 12:34PM
TheSpook
President George W. Bush  approved another $25 billion in emergency funds for military  operations in Iraq and Afghanistan on Thursday, while appealing  to key military constituents as he signed a new $417 billion  Pentagon spending bill. The Bush administration had previously said it would not  need more money for Iraq and Afghanistan until the new fiscal  year, which begins on Oct. 1, but officials later acknowledged  they might need to draw on the emergency funds allocated by  Congress. A congressional report last month said the administration  had underestimated costs for Iraq and Afghanistan by $12.3  billion for the current fiscal year. Congress, which had approved an $87 billion emergency  spending bill in October 2003 to finance military operations in  Iraq and Afghanistan through the end of September, sanctioned  the extra funds late last month as a down payment on next  year's emergency spending bill. [more]
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