The Corner

Deficits and the War

I hadn’t seen this chart, based on CBO data, published in July over at Investors.com; it shows the share of war spending in the deficit since 2003.

Now, I am interested to hear how the president, who claimed yesterday that it’s “time to turn the page” and end “the American combat mission in Iraq,” will account in the budget for the 50,000 troops who will still be in Iraq and for the number of security contractors, which is supposed to double over the next few months. Remember, he promised that there would be no more gimmicks.

Veronique de Rugy is a senior research fellow at the Mercatus Center at George Mason University.
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