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Iraq / Reconstruction Cost / Federal Budget Deficit #736410

NBC Evening News for Wednesday, Aug 27, 2003
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(Studio: Brian Williams) The death of another American soldier in Iraq noted.

(Crawford: David Gregory) The financial cost of rebuilding Iraq featured; details given about the administration’s evasion of cost estimates & the lack of assistance from foreign governments. [Last month on “Capital Report,” US administrator in Iraq Paul BREMER – comments on the billions of dollars that rebuilding Iraq will take.] [Senator Joseph BIDEN†- says the president has yet to tell the public the straight facts.] [July 15, OMB director Joshua BOLTEN†- says the numbers are uncertain.] [Defense budget expert Steven M. KOSIAK†- comments on other countries’ unwillingness to help.]

(Studio: Brian Williams) The importance of the cost of reconstructing Iraq in light of the skyrocketing federal budget deficit noted.

(Washington: Norah O’Donnell) The question of whether deficits really matter examined; details given about the cost to taxpayers. [President BUSH – says we’re laying the foundation for greater prosperity & more jobs.] [Senator Joseph LIEBERMAN†- says the deficit is part of what’s causing the bad economy.] [Economist Peter ORSZAG†- explains the effect of the deficit on families.] [Federal Reserve Board chairman Alan GREENSPAN††- says the deficit undercuts growth in the economy.] [Economist Alison FRASER†- says the deficit is not alarmingly large considering the total size of the economy.]

(Studio: Brian Williams) New “Wanted” posters for Saddam Hussein, with pictures of his sons with their faces crossed out, shown.

Reporter(s):
Williams, Brian;
Gregory, David;
O’Donnell, Norah
Duration:
00:05:10

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