The House Budget Committee held a hearing on Iraq's Budget Surplus. While the US has a budget deficit of over $400 billion, the Government of Iraq has a budget surplus of $79 billion.
During questioning by Congressman Lloyd Doggett (D-Texas), Joseph Christoff, Director, International Affairs and Trade, for the U.S. Government Accountability Office, admitted that the Iraq troop surge has failed to achieve most of the benchmarks of success originally articulated by the Bush Administration in January 2007.
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