Budget Report Template 2 Things You Should Do In Budget Report Template
The U.S. Army estimates it could be about $2 billion over account at the end of the year. Congress has accustomed the Pentagon abnormal ascendancy to about-face some money out of a spending bill to awning the shortfall. Madeleine Brand talks to John Dimsdale of Marketplace about the affidavit for the overrun.
MADELEINE BRAND, host:
Back now with DAY TO DAY. The House today anesthetized a $94 billion emergency spending bill. It pays for the wars in Iraq and Afghanistan, mainly. The Senate takes the admeasurement up now. Joining us is John Dimsdale in the MARKETPLACE Washington bureau. And John, is the Senate accepted to go forth with the House?
JOHN DIMSDALE reporting:
Yes, either this black or tomorrow. And it’ll be on the president’s board this week, abundant to the Pentagon’s relief, which has been admonishing that its coffers are accepting low. This bill was delayed for several months as Congress haggled over about $14 billion in pet projects that had been added by the Senate. Now, in the end, the White House prevailed and the added money was bare from the bill. So this access agency the Pentagon won’t absence any paydays.
BRAND: Hmm. And so, 94 billion – will that be abundant to pay for war operations?
DIMSDALE: It should be abundant for the blow of the bread-and-butter year at least, which is to the end of September. The amount of the war is active at abutting to $9 billion a month, depending on how you account it. With the access of this bill, Congress will accept appointed about $400 billion for the war on alarm back September of 2001. And again there’s abutting year. Congress is already alive on the president’s appeal for abutting to 430 billion. That’s for the all-embracing operations at the Aegis Department.
BRAND: And is that enough? The all-embracing budget, does that accept abundant money to awning war costs?
DIMSDALE: Not for 2007. It makes a $50 billion bottomward payment, but that agency there will accept to be at atomic one added emergency appeal to accomplishment the year. And that convenance of application non-budget emergency spending bills to pay for the war has angered some in Congress who say they lose ascendancy over spending, and it promotes college deficits.
Arizona Senator John McCain is activity to action an alteration today to the aegis account that would crave all the war spending, afterwards abutting year, go through the approved bread-and-butter process. And again there’s an alteration by Senator John Kerry that would crave the abandonment of best U.S. soldiers from Iraq by the end of the year. It would leave alone abundant troops to abide training Iraqi aegis forces. Now that’s not acceptable to pass, but it’ll accomplish an absorbing agitation on the Senate floor.
BRAND: Mm hmm. And if the Kerry alteration doesn’t pass, annihilation abroad in abutting year’s aegis account that looks to abate the U.S. aggressive attendance in Iraq?
DIMSDALE: No. In fact, as generally happens with Congressional spending bills, assembly appetite to absorb added than the admiral asked for – for weapons systems, some fighter planes. The House bill includes a bisected a billion dollars added for National Guard equipment. The account for abutting year does accommodate the president’s appeal for a 2.2 percent pay accession for all aggressive personnel. Coming up after today on MARKETPLACE, we’ll acquisition out why some farmers accept started burying crops hundreds of anxiety beneath the ground.
BRAND: Thank you, John. John Dimsdale of accessible radio’s circadian business appearance MARKETPLACE. And MARKETPLACE is produced by American Accessible Media.
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