FROM Linda J. Bilmes
Who Should Pay for Iraq's Reconstruction? The high price of oil has Iraq rolling in money, but much of that new wealth stays in foreign bank accounts, while the US rebuilds the country. Americans are paying six times more than Iraqis for roads, schools and power plants, as well as the refineries and pipelines for oil production. That's according to the Government Accountability Office, an arm of the Congress. With a sagging economy, how long can the US afford that kind of money? Why isn’t it more effective? Will Iraq’s oil wealth mean future profits for private investors? We talk with an American entrepreneur who's building power plants and amusement parks.
The Cost of War in Iraq and Afghanistan...for the Next Hundred Years When the Iraq invasion was launched, Pentagon officials said it would be financed in large part by Iraqi oil money. The estimated for the United States was $50 billion. Five years later, the reality is higher by orders of magnitude. A Nobel Prize winning economist pegs the cost at $3 trillion. That includes combat, debt on borrowed money and restoring the military, not to mention the staggering cost of caring for wounded veterans for the rest of their lives. We hear how the expenses got so high and what they'll mean for the economy, future generations and national security.
The Shabby Treatment of Wounded Soldiers President Bush is appointing a commission to investigate the quality of care at Veterans' Administration hospitals. It will be chaired by former Republican Senator Bob Dole and Donna Shalala, Secretary of Health and Human Services in the Clinton Administration. The shabby treatment of combat veterans at Walter Reed Hospital has been called the "tip of the iceberg" by several Congressmen. Yesterday, both military and civilian officials told a Congressional committee they were surprised at recent reports of shoddy treatment of outpatients at the Army's flagship hospital. Did military and civilian officials ignore early reports? What about other Veterans' Administration facilities? We speak with journalists, doctors and public-policy experts.
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
Trump's new look at civil rights and global warming President Trump is reportedly ready to pull the US out of the Paris Agreement on Climate Change. We look at the possible consequences. On the second half of the program, we hear about cuts in Obama-Era civil rights programs called for by the Trump Administration's first budget plan.
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.