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pecuniumSo, that entry about bond to fund the war effort, the Gov't went one better.
They are asking for donations.
New twist on Iraq aid: U.S. seeks donations
Not a bond, which would have to be repaid, but a donation. I don't know if USAID donations are tax-write offs (oh! the incentive for odd accounting that might raise) but the idea croggles me.
But now, amid pleas for aid after Hurricane Katrina, the Bush administration has launched an unusual effort to raise charitable contributions for another cause: the government's attempt to rebuild Iraq.
Although more than $30 billion in taxpayer funds have been appropriated for Iraqi reconstruction, the administration earlier this month launched an Internet-based fundraising effort that it says is aimed at giving Americans "a further stake in building a free and prosperous Iraq."
Contributors have no way of knowing who's getting the money or precisely where it's headed, because the government says it must keep the details secret for security reasons.
But taxpayers already finance the projects the administration is seeking charitable donations for, such as providing water pumps for farmers. And officials say any contributions they receive will increase the scope of those efforts, rather than relieve existing taxpayer burdens.
They are asking for donations.
New twist on Iraq aid: U.S. seeks donations
Not a bond, which would have to be repaid, but a donation. I don't know if USAID donations are tax-write offs (oh! the incentive for odd accounting that might raise) but the idea croggles me.
But now, amid pleas for aid after Hurricane Katrina, the Bush administration has launched an unusual effort to raise charitable contributions for another cause: the government's attempt to rebuild Iraq.
Although more than $30 billion in taxpayer funds have been appropriated for Iraqi reconstruction, the administration earlier this month launched an Internet-based fundraising effort that it says is aimed at giving Americans "a further stake in building a free and prosperous Iraq."
Contributors have no way of knowing who's getting the money or precisely where it's headed, because the government says it must keep the details secret for security reasons.
But taxpayers already finance the projects the administration is seeking charitable donations for, such as providing water pumps for farmers. And officials say any contributions they receive will increase the scope of those efforts, rather than relieve existing taxpayer burdens.
