Zeev's Turnips Talk Politics (ZTTP)

[snp]

Wonder if taxpayers can claim their share as "charitable deductions".

October 21, 2003
Bush Threatens to Veto $87 Billion Over Loans
President Bush has threatened to veto the $87 billion for military expenses in the war against terror and reconstruction in Iraq if Congress makes part of the Iraqi reconstruction package a loan.

The House of Representatives passed a non-binding resolution yesterday expressing support for the loan proposal.

White House budget director Joshua Bolten, in a letter threatening the veto, said adopting loans not grants slows "efforts to stabilize the region and to relieve pressure on our troops, raises questions about our commitment to building a democratic and self-governing Iraq and impairs our ability to encourage other nations to provide badly needed assistance without saddling Iraq with additional debt."