Bush: War could cost $75 billion
Americans got a better idea Monday of just how much the war in Iraq is expected to cost.
Reports indicate that President George W. Bush believes the war will cost in the neighborhood of $75 billion.
The announcement has Democratic leaders and Bush critics upset, but not about the actual figure. Last week, Congress passed plans for a budget, including the Bush administration’s tax cuts, but had to vote without the knowledge of exact war costs. A critic cited in a wire report calls the timing of the war cost announcement “awfully suspicious.”
Critics say war costs mixed with tax cuts will be disastrous for an economy already embroiled in deficit spending.
But Bush’s alleged tactic to push through his tax proposal was pre-empted by a move by the Senate. Senators voted to set aside $100 billion of the Bush administration’s more than $700 billion in proposed tax cuts to cover war costs.
Florida Democratic Senator Bob Graham said it would have been “disingenuous, to say the least” to pass a budget without an allowance for the cost of war.
“We stated that funds to support the efforts of our men and women in uniform should come before the president’s tax cuts,” Graham said.
USF gives it away in Memphis 34-33
At the half, a 14-point lead meant USF was on track to win its first conference game in over a calendar year. That energy was kept up even with under five minutes to go when the Bulls were up 33-20. Then USF watched as its lead went from comfortable, to slim, to nonexistent in the […]
Club teams missing competition, friendship due to COVID-19
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Bulls battle with ECU in OT win
Coach Brian Gregory said Tuesday the Bulls didn’t play complete, 40-minute games in their two losses last week. It’s debatable if they did Wednesday night against East Carolina (11-18, 5-11) at the Yuengling Center, but it was more than enough to put up a 73-68 overtime win. “It’s funny. There were stretches where we played […]
First SG scholarship rewards student leaders
Student Government (SG) launched the first-of-its-kind, merit-based scholarship to students Nov. 5 on USF’s Tampa campus. As a part of Student Body President Britney Deas and Student Body Vice President Travis McCloskey’s platform, Bull S.H.I.F.T., — Success, Health, Innovation, Finance and Tradition — the SG’s Student Leadership Scholarship consists of two merit-based scholarships which will […]
On-campus Jabil institute sparks anticipation from students
A plan drafted on a bar napkin two years ago has now become the USF Jabil Innovation Institute, a multi-million dollar institute combining the College of Engineering and the Muma College of Business. Senior Vice President of Advancement and CEO of the USF Foundation Joel Momberg and Jabil CEO Mark Mondello jotted the idea down […]