Thread: Iraq/Dinar News to April 19, 2007 10PM CST

Army to slow repairs as Congress weighs funds
17 Apr 2007 01:42:17 GMT
Source: Reuters

By Kristin Roberts WASHINGTON, April 16 (Reuters) - The U.S. Army will defer spending and slow repair work on any equipment not needed for operations in Iraq and Afghanistan due to Congress' failure to approve $100 billion in extra war funding, the largest branch of the armed forces said on Monday. Immediately, the Army will tell commanders to slow spending in certain areas so that war-related activities and support to families can continue, it said. The Pentagon also will ask Congress to allow the Defense Department to use $1.6 billion in funds meant for the Navy and Air Force to pay the Army's operating expenses, the Army said. If funds are not approved by May, further spending restrictions will be made. That, the Army warned, could hurt its ability to take on a new fight. "The Army estimates that even with these spending restrictions and a temporary reprogramming of $1.6 billion, funds are sufficient to keep operations running only until the end of June," the Army said in a prepared statement Monday. "These actions carry consequential effects, including substantial disruption to installation functions, decreasing efficiency and potentially further degrading the readiness of non-deployed units," the Army said. The Bush administration requested $100 billion in additional war funding but Congress has tied those funds to a deadline for withdrawing troops from Iraq. President George W. Bush has vowed to veto such a bill. Meanwhile, the Pentagon repeatedly has warned the Army would face spending restrictions if the money was not approved by April 15. The wars in Iraq and Afghanistan have stressed the U.S. military, particularly the Army. In May, absent new funds, the Army said it would freeze new civilian hiring from outside the Army, lay off temporary employees, and suspend some service contracts for training and facilities, among other things.

http://www.alertnet.org/thenews/newsdesk/B296956.htm

Great Posts everyone! Things aren't looking so grim after all!

I Hear That Train a Comin'*¤ø,¸¸¸¸,ø¤*RV*¤ø,¸¸,ø¤*RV*¤ø,¸¸,ø¤*RV*¤ø,¸¸¤

Lewscrew

I Just read Nenos report . LOOKS LIKE any day Now , Maybe even by morning.

At $2.41

I would love to call in RICH tomorrow....LOL

:-)

Maybe my Siggy will finally come true!

Maybe the stall on the money that Bush wants for Iraq has something to do with this. If Iraq RV's Bush can go back and say we have dinars to cover this war ( that is if the US does have any ).

Never quit your JOBS. Put the money in the bank and collect 5% interest. Most of the lottery winners are broke within 5 years! Just keep on working until retirement age! Then let your hair down and party a bit!

goldraker2007

Originally Posted by goldraker

Never quit your JOBS. Put the money in the bank and collect 5% interest. Most of the lottery winners are broke within 5 years! Just keep on working until retirement age! Then let your hair down and party a bit!

goldraker2007

Is 39 too young to retire?

haha i'm not plannin on quitting, but i am gonna invest a nice chunk of the money, pay my car off (daily driver), buy another car for weekends and crappin around, and get my first property, and maybe buy some clothes, past that i guess its back to putting money into the bank, but i'd never quit workin, i'm a workaholic i really think if i had nothing i was obligated to do i'd become a drug addict or something.