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Money runs out on U.S. projects in Iraq

Discussion in '2005 Archive' started by poncho, Sep 11, 2005.

  1. poncho

    poncho Well-Known Member

    Mar 30, 2004
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    WASHINGTON — The United States will halt construction work on some water and power plants in Iraq because it is running out of money for projects, officials said yesterday.

    Security costs have cut into the funds available to complete some major infrastructure projects that were started under the $18.4 billion U.S. plan to rebuild Iraq. As a result, the United States has had to pare back some projects to only those deemed essential by the Iraqi government.

    While no overall figures are yet available, one contractor has stopped work on six of eight water-treatment plants it was assigned.

    "We have scaled back our projects in many areas," James Jeffrey, a senior adviser on Iraq for the State Department, told lawmakers at a hearing of the House Appropriations Foreign Operations Subcommittee. "We do not have the money."

    More At Source
  2. Rocko9

    Rocko9 New Member

    Apr 26, 2005
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    I keep hearing this constant flushing sound . Could someone please jiggle the handle?
  3. Bro. James Reed

    Bro. James Reed New Member

    Sep 18, 2002
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    Anything that was not destroyed by us in the invasion should be built using money from Iraq.

    It makes no sense to be building completely new roads, buildings, and plants over there using the money that could be used for the same purpose here.

    We should take that money and build some new refineries on American soil, rather than buying 10,000 garbage trucks for Iraq.

    They have the money to pay for their own projects. They're sitting on 100's of billions of dollars as I write.

    Iraq will not learn repsponsibility and self-reliance if we keep furnishing absolutely every amenity known to man.