Dec 28, 2007

Bush rejects another Iraq war spending law

President George W. Bush clashed again with Congress over the Iraq war Friday, rejecting a US military spending bill on the grounds it would throw up legal obstacles to reconstruction money.
"The aggregate financial impact of these provisions on Iraq would be devastating," Bush said in a memo released by the White House, outlining his reasons for rejecting the 2008 National Defense Authorization Act (NDAA).
The bill "would imperil billions of dollars of Iraqi assets at a crucial juncture in that nation's reconstruction efforts and ... would undermine the foreign policy and commercial interests of the United States," he said.
Bush said he was withholding approval of the bill -- effectively vetoing it, since the law cannot pass if he does not sign it within 10 days of it being presented to him.

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