Watcher: March 6, 2007

War Spending Keeps Climbing, Says CBO A new round of defense and emergency appropriations will raise the total amount of money spent on the wars in Afghanistan and Iraq to nearly $750 billion by the end of FY 2008, according to a recent report by the Congressional Budget Office (CBO). Congress Set to Consider Largest Supplemental Funding Request in History Congress will soon begin work on the largest supplemental funding bill ever requested — $99.6 billion — to continue to fund the wars in Iraq and Afghanistan, along with other items. Legislators Introduce Competing Entitlement Commission Proposals Several lawmakers have introduced proposals to create "entitlement commissions" to address projected long-term fiscal challenges in Social Security and Medicare. ECAP Campaign Takes Positive Budget Message to States The Emergency Campaign for America's Priorities (ECAP) has been promoting its "First Things First" agenda for the FY 2008 budget with local events all over the country since February.
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