Myers: Additional Violence Raising Cost of War; September Could Bring a $4 Billion Shortfall

Summary


WASHINGTON (AP) - Increased violence in Iraq is pushing the cost of the war over budget, threatening a $4 billion shortfall by late summer, the top U.S. military officer said Wednesday.

Gen. Richard Myers, chairman of the Joint Chiefs of Staff, said the recent decision to extend the stay of some 20,000 troops will cost roughly $700 million more over three months. The White House is keeping open the possibility it will seek additional funds before the end of this election year.

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Myers: Additional Violence Raising Cost of War; September Could Bring a $4 Billion Shortfall

"When the service chiefs last talked about this, there was, I think, a $4 billion shortfall," Myers told the House Armed Servi...

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