Iraq Pledge Drive Falls Short

By: Justin Ware
By: Justin Ware

An international fund drive to rebuild Iraq is falling short of its goal, but a U.S. congressman from the area says even the goal is too small in the first place.

Several countries, including the United States, participated in the drive that sources say has raised more than $33 billion, far less than the goal of $56 billion the Bush administration says, it's a start.

The at least $33 billion number says the international community is coming together to help Iraq build a new nation.

But Rep. Dave Obey says the final price tag to rebuild the middle eastern country could reach $400 billion, sending our nation's debt soaring.

"What they're saying is 'Gee whiz fellas, we've got a war," said Rep. Dave Obey, (D) Wisconsin, "We're gonna take it on and by the way, I'm gonna cut your taxes and send the bill to your grandchildren."

Obey says the Bush administration has mishandled the rebuilding of Iraq by leaving it in the hands of the defense department instead of the state department.

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