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Does War Spending Help or Hurt the Economy?
And I'm not just talking about war spending and homeland security.
War spending, like other federal outlays, is a factor that contributes to the annual deficit.
That would bring the total war spending for this year to $162.6 billion.
One side says war spending is the problem, the other says it's the economic bailout plan.
There is an ongoing debate about the extent to which war spending affects a country's economy.
The paper finds that war spending had only minimal effects on per-capita economic activity.
Bush proposed the package Oct. 22, announcing its inclusion in a supplementary war spending bill.
2005 estimates include a portion of the $80 billion supplemental war spending.
Some Democrats are urging an immediate withdrawal of troops and a drastic reduction in war spending.
The fate of the interim war spending is up in the air.
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