AP source: Tentative deal struck for funding war

Source: AP

AP source: Tentative deal struck for funding war
By ANDREW TAYLOR, Associated Press Writer Andrew Taylor, Associated Press Writer Mon Jun 1, 9:19 pm ET

WASHINGTON – Top House and Senate Democrats reached a tentative agreement on an almost $100 billion war funding bill Monday, including a generous new line of credit for the International Monetary Fund.

At the core of the measure is President Barack Obama's war funding request, which included $76 billion for Pentagon operations. But the IMF funding is a top priority of Obama, who pledged the $100 billion line of credit at April's G-20 summit in London to help developing countries deal with the troubled global economy.

The actual U.S. costs for the IMF contribution are far less — $5 billion is the Congressional Budget Office estimate — since the U.S. government is given interest-bearing assets in return.

Other details of the agreement between House Appropriations Committee Chairman David Obey, D-Wis., and his Senate counterpart, Daniel Inouye, D-Hawaii, remain sketchy. The agreement was discussed briefly during a conference call of House Democratic leaders, a senior House Democratic aide said. The aide requested anonymity because the details were not yet released.

Read more: http://news.yahoo.com/s/ap/20090602/ap_on_go_co/us_congress_war_funding;_ylt=ArEYMh1c8QHB1IVfg6UkE.uyFz4D;_ylu=X3oDMTJva2NuOWRuBGFzc2V0A2FwLzIwMDkwNjAyL3VzX2NvbmdyZXNzX3dhcl9mdW5kaW5nBGNwb3MDMQRwb3MDMQRzZWMDeW5fdG9wX3N0b3J5BHNsawNhcHNvdXJjZXRlbnQ-

education and infrastructure.

:puke:

I'd buy a cake to support the continued war effort, wouldn't you?