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Presidential News

Bush Says Iraq War Was Worth It

Tuesday, March 18, 2008 11:44:26 PM
By TERENCE HUNT

President George W. Bush waves during his arrival at Palm Beach International Airport on Tuesday, March 18, 2008.  (AP Photo/Allen Eyestone,Pool) WASHINGTON (AP) - President Bush says he has no doubts about launching the unpopular war in Iraq despite the "high cost in lives and treasure," arguing that retreat now would embolden Iran and provide al-Qaida with money for weapons of mass destruction to attack the United States.

Bush is to mark the fifth anniversary of the U.S.-led invasion of Iraq on Wednesday with a speech at the Pentagon. Excerpts of his address were released Tuesday night by the White House.

At least 3,990 members of the U.S. military have died since the beginning of the war in 2003. It has cost taxpayers about $500 billion and estimates of the final tab run far higher. Nobel Prize-winning economist Joseph E. Stiglizt and Harvard University public finance expert Linda Bilmes have estimated the eventual cost at $3 trillion when all the expenses, including long-term care for veterans, are calculated.


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