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Reconstruction


Iraq Has $79 Billion Surplus — What's the US Deficit Again?

Aug 6 2008 - 11:15am by LibertySugar
374 Views - 10 comments
Iraq Has $79 Billion Surplus — What's the US Deficit Again? Thanks to rising oil prices, Iraq will enjoy a $79 billion surplus by the end of the year, according to a report requested by a bipartisan group of senators. While the US has spent $48 billion in American taxpayer money on Iraq's reconstruction since 2005, Iraq has spent only a fraction of its oil revenue on reconstruction projects. And, Iraq spent only 1 percent of its 2005-2007 budget to maintain existing projects already funded by Americans or Iraqis.
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More Money, Less Problems? Iraqi Officials Hand Out Cash

Jul 14 2008 - 2:00am by LibertySugar
67 Views - 9 comments
More Money, Less Problems? Iraqi Officials Hand Out Cash Money can't buy me love, but can it buy peace? Iraq's Prime Minister Nouri al-Maliki wants to find out — he's passing out cash on the streets of Iraq. Iraqi officials can dole out up to $8,000, to each person only once, as a way to improve the national economy and morale.
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