Let's have a war and not pay for it.
Ruth Marcus notes: By the time Congress finishes the latest "emergency" war spending bill, a mere seven years into the emergency, the cost of operations in Iraq and Afghanistan will have exceeded $860 billion. For the first time in American history, every penny of that amount will have been borrowed. For the first time, billions more will have been borrowed to finance tax cuts in the midst of war.
Full post here: http://www.washingtonpost.com/wp-dyn/content/article/2008/06/10/AR2008061002531.html
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