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Democrats Want Iraqi Oil to Pay for Reconstruction

Congressional Democrats want the Iraqi government to spend its own surplus on the country's reconstruction. The US has spent $45 billion on rebuilding the country while Iraq has $30 billion in oil revenue sitting in US banks.

Iraq anticipates oil revenue as high as $100 billion this year. Meanwhile the US military buys fuel at market price at about $3.23 a gallon. That's a $153 million monthly gas bill in Iraq alone.

Since the Democrats don't have enough votes to bring the troops home are they smart to go against President Bush with a bill limiting US funding of the reconstruction effort? Should oil rich Iraq start picking up the bill or is the US liable for fixing what it broke? When will it be fixed?


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