Iraq war costs US $6bn a month
06/12/2005 08:32  - (SA)  

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Iraq moves closer to IMF loan Japan waives $6.1bn Iraq debt Iraqis lose out on oil money US to repay Iraq up to $208m US consumers not so positive Oil sabotage costs Iraq $11bn Oil sabotage costs Iraq $11bn US to spend $81bn more in Iraq

New York - The US is spending about $6bn a month fighting the war in Iraq, Josh Bolton, the director of the Office of Management and Budget, said Monday.

Speaking on Cable News Network, Bolton said "the rate of spending varies".

"We're probably up in the $6bn range per month spending in Iraq."

He defended the costs and said "we're going to spend what we need to spend to defend this country and make sure our fighting men and women have the resources they need."

The OMB assists the White House in overseeing the preparation of the federal budget.

- Dow Jones

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