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Published on Oct 26, 2011
October 26, 2011
***For Immediate Release*** BAUCUS HIGHLIGHTS RECORD WAR SPENDING AT DEBT COMMITTEE HEARING Senator Points to More than $1 Trillion Current Wars have Added to the Deficit
(Washington, D.C.) -- Montana's senior U.S. Senator Max Baucus pointed out that current war spending is higher than at any time since World War II -- including, Vietnam, the Korean War and the height of the Cold War during the Reagan Administration -- at today's Deficit Reduction Committee hearing. So far, Congress has approved more than $1.2 trillion for the wars in Iraq and Afghanistan, including reconstruction and foreign aid -- all deficit spending. Baucus questioned Director of the independent, non-partisan Congressional Budget Office Doug Elmendorf to confirm the staggering numbers.