the Sugar Conspiracy

Thursday, June 03, 2004

Reigning them in

U.S. lawmakers voted overwhelmingly on Wednesday to put controls on the $25 billion reserve fund the Bush administration wants for the Iraq conflict after lawmakers from both parties criticized it for seeking a "blank check."

The Senate, debating a bill that authorizes Defense Department programs, unanimously passed an amendment backing the reserve fund for operations in Iraq and Afghanistan but broke it into a number of accounts, with tight controls on shifting money and requiring monthly reports on the spending.

The Senate plan, which passed 95-0, would give the White House control over $2.5 billion from the fund, instead of the discretion over the entire fund it sought.

More.

posted by chris at 1:48 PM
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