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Iraq Government Has $79 Billion in Unspent CashQuicklink Submitted By Sheila Samples No comments
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| The soaring price of oil will leave the Iraqi government with a cumulative budget surplus of as much as $79 billion by year's end. The unspent windfall, which covers surpluses from oil sales from 2005 through 2008, appears likely to put an uncomfortable new focus on the approximately $48 billion in American taxpayer money devoted to rebuilding Iraq since the American-led invasion. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.
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