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Saturday, December 29, 2007

Info Post
Military.com, AP: President Bush on Friday used a "pocket veto" to reject a sweeping defense bill because he dislikes a provision that would expose the Iraqi government to expensive lawsuits seeking damages from the Saddam Hussein era. In a statement, Bush said the legislation "would imperil billions of dollars of Iraqi assets at a crucial juncture in that nation's reconstruction efforts." The president's objections focused on a provision deep within legislation that sets defense policy for the coming year and approves $696 billion in spending, including $189 billion for the wars in Iraq and Afghanistan. Also in the legislation were improved veterans benefits and tighter oversight of contractors and weapons programs. . . .

In a message to Congress, the president said he was sending the bill and his outline of objections to the House clerk "to avoid unnecessary litigation about the non-enactment of the bill that results from my withholding approval, and to leave no doubt that the bill is being vetoed." . . . The disputed section of the bill would reshape Iraq's immunity to lawsuits, exposing the new government to litigation in U.S. courts stemming from treatment of Americans in Iraq during Saddam's reign. Even cases that had once been rejected could be refiled. Bush's aides warned of a dire scenario - a rush of litigation that could freeze tens of billions of dollars in Iraqi assets being held in U.S. banks. Money at the heart of the Iraqi rebuilding effort would be tied up in court, potentially halting the very stabilization efforts that could get U.S. troops home faster, the aides said. . . . [Read More]

Tags: military defense, President. George W. Bush, veto To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!

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