On Sunday’s "Face the Nation" on CBS, correspondent Chip Reid, filling in for host Bob Schieffer, discussed the fifth anniversary of the Iraq war with Republican Senator Lindsey Graham and Democratic Senator Jack Reed, who he helped with the anti-war talking points:
REID: The cost of the war. Democrats have really been harping on that recently, trying to tie it to the economy, Barack Obama even suggesting that it's costing the average family more than $1,000 a year, and that it's one of the reasons we're having such economic difficulties right now. Do you buy that argument?
REED: I think I do. We've spent over $500 billion in direct spending in Iraq. That's a $500 billion stimulus package...
REID: And that's 10 times more than the president predicted this war would cost.
REED: Ten times more. And in fact, the indirect cost is probably trillions of dollars, as Professor Stiglitz has pointed out. That's a $500 billion stimulus package for Iraq.















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