Iraq, Afghanistan wars to cost U.S. $190 bln in 2008
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The wars in Iraq and Afghanistan will cost at least $190 billion in 2008, the Pentagon said on Wednesday, making it the most expensive year in the conflicts since they were launched by President George W. Bush.
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President Bush sent to Congress a $2.9 trillion budget plan that would dramatically increase military spending -- including an extra $245 billion for the wars in Iraq and Afghanistan -- but squeeze federal health care programs and most domestic agencies to achieve his goal of eliminating the deficit...
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President Bush was poised to officially ask Congress Monday for an estimated &#36;82 billion to cover the costs of continuing military operations in Iraq and Afghanistan and a myriad of other internationally related expenses, including training Iraqi security forces and aiding victims of the tsunami.
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The second half of 2007 saw violence drop dramatically in Iraq, but the progress came at a high price: The year was the deadliest for the U.S. military since the 2003 invasion, with 899 troops killed.
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Global military spending rose 3.5 percent last year to $1.2 trillion as U.S. costs for operations in Iraq and Afghanistan mounted, a European research body said on Monday in an annual study.
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U.S. President George W. Bush asked Congress on Monday for $189.3 billion to fund the wars in Iraq and Afghanistan, another huge request that faced deep skepticism from lawmakers opposed to prolonging the Iraq conflict.
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President George W. Bush will soon  seek about $100 billion in additional emergency funds for the  wars in Iraq and Afghanistan, according to a report on  Wednesday by Democratic staffers for two key panels in the U.S.  House of Representatives.
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US Defence Secretary Robert Gates is set to ask Congress for $190bn to fund the wars in Iraq and Afghanistan.
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President Bush plans to send Congress a request early next year to finance wars in Iraq and Afghanistan and operations against terrorism that could reach &#36;75 billion, congressional aides said Tuesday.
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The U.S. Army, which has borne much of the weight of the Iraq and Afghanistan wars, would get $130 billion under President Bush's 2008 budget &#151; a sizable increase that would help ease the strain and meet equipment needs.
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The Bush administration intends to seek the emergency funding for the wars in Iraq and Afghanistan early next year, officials said on Monday.
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Medical costs for U.S. veterans of the wars in Iraq and Afghanistan could range from $350 billion to $662 billion over the next 40 years, as soldiers survive injuries that would have killed them in past conflicts, according to a Harvard University study.
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The Bush administration,  facing  mounting violence in Iraq and demands for upgraded equipment,  is assembling a funding package for operations in Iraq and  Afghanistan that could surge beyond earlier estimates to as  much as $75 billion to $100 billion, congressional sources and  experts said on Thursday.
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The White House is finalizing an $80  billion to $100 billion package that will pay for military  operations in Iraq and Afghanistan and could release details  early next week, sources close to the deliberations said on  Friday.
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The Bush administration will ask the Congress next week for $70 billion to fund the wars in Iraq and Afghanistan and related operations for part of the 2009 fiscal year, the Pentagon said on Monday.
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The Bush administration will  announce as early as Tuesday that it will seek about $80  billion in new funding for military operations this year in  Iraq and Afghanistan, pushing the total for both conflicts to  almost $300 billion so far.
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As Congress started to digest a new Bush administration request of &#36;80 billion to bankroll wars in Iraq and Afghanistan, its top budget analyst on Tuesday projected &#36;855 billion in deficits for the next decade even without the costs of war and President Bush's Social Security plan.