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^^^^^^^^^^^^^^^There goes your inheritance^^^^^^^^^^^^^

US costs for Iraq war top $320bn

http://www.guardian.co.uk/usa/story/0,,1796754,00.html

Spending on the three-year war in Iraq now totals $320bn (£174bn), with a further $89bn (£48bn) being spent on operations in Afghanistan.

The house of representatives passed the final version of the bill today by a 351-67 vote, after minimal debate last night. The total value of the legislation, including non-war spending, amounted to $94.5bn (£51bn).

Obscure Trade Settlement Could Create $480 Million Slush Fund for White House

http://thinkprogress.org/2006/06/12/white-house-slush-fund/

– The United States is requesting $480 million for “meritorious initiatives” and just $20 million of the joint initiative benefiting the North American Lumber market.

– The agreement contains a complicated escrow system that may allow the $480 million to be funneled from the Treasury Department to the White House.

– It is the position of U.S. negotiators that Congress does not need to have any involvement in the deal.

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