- Bill for Iraq conflict will soon overtake Vietnam
- $78bn squeeze on medical care for elderly and poor
President George Bush is proposing to slash medical care for the poor and elderly to meet the soaring cost of the Iraq war. Mr Bush’s $2.9 trillion (Â£1.5 trillion) budget, sent to Congress yesterday, includes $100bn extra for the Iraq and Afghanistan wars for this year, on top of $70bn already allocated by Congress and $141.7bn next year.
He is planning an 11.3% increase for the Pentagon. Spending on the Iraq war is destined to top the total cost of the 13-year war in Vietnam. Article continues The huge rise in military spending is paid for by a squeeze on domestic programmes, including $66bn in cuts over five years to Medicare, the healthcare scheme for the elderly, and $12bn from the Medicaid healthcare scheme for the poor.”
Go to original by Ewen MacAskill in The Guardian