Via Thinkprogress.org, the Congressional Budget Office released its budget projections today, estimating the deficit will rise to $286 billion in fiscal 2007, up from this year’s $260 billion projected deficit. Moreover, the long-term outlook remains bleak; total deficits over the next decade are estimated at $1.7 trillion. As I write this, the cost of the occupation of Iraq is at $307,629,652,935.
A phased withdrawal would save $416 billion on the deficit over the next four years and $1.28 trillion over the next decade. On the other hand, a strategy of “stay the course” will increase the deficit by $313 billion over the next four years and $1.3 trillion over the next decade.
I, personally, believe that supplying the world with safe, clean water would go further to curb terrorism than any war Bush could conjure up. Dean Kamen (the segway guy) is on the right track
So how would you spend the money? And, btw, in the time it took me to write this post the cost of the war has increased to $307,635,732,947.