Salty
09-22-2004, 02:25 PM
Emergency fund -or- i'm trying to pull my head out of my ass fund?
http://story.news.yahoo.com/news?tmpl=story&cid=2026&e=2&u=/latimests/cashstrappedpentagontapsemergencyfund
WASHINGTON — A relentless insurgency in Iraq (news - web sites) has prompted the Pentagon (news - web sites) to begin spending money from a $25-billion emergency fund that Bush administration officials had once said would not be needed this fiscal year, officials said Tuesday.
Unable to tap into regular 2005 funding until the Oct. 1 start of the new fiscal year, the Pentagon has already spent more than $2 billion from the emergency fund.
President Bush (news - web sites) requested the emergency funds from Congress in May to pay for a war that is longer and more violent than he and his Pentagon strategists had predicted. The money will help pay for equipment for troops heading to Iraq this fall.
You be the judge.
http://story.news.yahoo.com/news?tmpl=story&cid=2026&e=2&u=/latimests/cashstrappedpentagontapsemergencyfund
WASHINGTON — A relentless insurgency in Iraq (news - web sites) has prompted the Pentagon (news - web sites) to begin spending money from a $25-billion emergency fund that Bush administration officials had once said would not be needed this fiscal year, officials said Tuesday.
Unable to tap into regular 2005 funding until the Oct. 1 start of the new fiscal year, the Pentagon has already spent more than $2 billion from the emergency fund.
President Bush (news - web sites) requested the emergency funds from Congress in May to pay for a war that is longer and more violent than he and his Pentagon strategists had predicted. The money will help pay for equipment for troops heading to Iraq this fall.
You be the judge.